Mortgage rights campaigner slams legal move

The Government’s removal of legal barriers to home repossessions has been strongly criticised by a leading mortgage rights campaigner.

Justice Minister Alan Shatter has closed a legal loophole, known as the Dunne judgment, which made it very difficult for banks to repossess homes.

“What this bill will do is to restore the law that has existed over the centuries which enables a lending institution to rely on its security in relation to a mortgage,” he said.