New measures to address arrears crisis

New measures will be announced next week to address the mortgage arrears crisis which will allow struggling borrowers remain in their homes through a variety of ways, Enda Kenny has confirmed.

New measures to address arrears crisis

His comments come after the Irish Examiner revealed earlier this week details of a new mortgage-to-rent scheme to allow those with long term arrears leave their debt behind but remain under their roofs.

Mr Kenny said the Coalition’s long-awaited plan to deal with distressed mortgages would have a particular focus for those with long- term arrears and would also include changes to how banks veto debt deals with those in debt.

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