Mortgage plan ‘vague and lacking in urgency’

THE Government’s plan to solve the mortgage debt crisis has been criticised as vague and lacking in urgency, amid claims it backtracked on key election promises.

Mortgage plan ‘vague and lacking in urgency’

Under the central plank of the Keane report, which again ruled out blanket debt forgiveness, up to 10,000 people could lose ownership of their homes and instead pay rent to keep the same roof over their heads.

Despite claims the measures could ease pressures for mortgage holders, consumer and housing campaigners felt the plans did not go far enough.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited