@Louise Tracey: this is pure bs by leo too. First he’s trying to position himself on the same side as everybody else, as a potential victim like the rest of us, didn’t understand the problem etc. Then he’s saying that if they pass the new law, interest rates will rise, but he’s conveniently ignoring the fact the rates rise when the mortgage is passed onto the vultures anyway. Trying to tell us they have no options to do anything, but they have.

@Louise Tracey: the terms and conditions of any loan mandate that it can be cold in at any time which is honestly ridiculous because if you had that kind of money you wouldn’t need the loan in the first place unfortunately it just means should a bank ever decide to do that your collateral whatever that may be is forefit

@Sarah: it’s business. Every loan can be called in at any time, regardless if you have the means to pay it or not.

Even if this bill passes it can be delayed going into law; plus it might only benefit new mortgage accounts not existing agreements or vulture sales and possibly won’t save anyone currently going through court proceedings.

@Dan public:Well said Dan…people can’t see past their prejudicial noses .

@Louise Tracey: Strangely, there is a company in Dublin called the Irish Mortgage Holders Organisation (sic). Although a mortgage on a property is held by the lender, this is an organisation that represents borrowers, not lenders. Some people may be confused about how mortgages work but it is very disconcerting to discover that the head of government is one of those. I despair.

@Adrian: he’s the biggest self serving rat going. Claimed he’d reward the early risers too! Lol! Vote them out, it’s the only language they understand…

@Louise Tracey: Look at the bigger issues , it is not the people, it is the banks and the government who are allowing this to happen to people they are corrupt and merciless.

@Emmet Noonan: I don’t elect the banks to look after my interests, I elect politicians , who are meant to serve the people. The banks are a business. This fcuking dIsgrace is all on the government, not the banks !

@Louise Tracey: You ever lose your job or have financial difficulties and can’t keep up those payments I’ll be sure to have the same compassion you’re showing and laugh as a vulture fund who picked up your mortgage for pennies kicks you out of the house you’ve been in for years and paid thousands for.

Shocking how amoral and evil some of you are, able to understand how multi-billion banks can get into financial straits through gambling and losing but regular people must just be lazy and not want to pay for things. I will do a little jig and blame your laziness if the day ever comes coz you’ve earned it with your bootlicking nonsense.

@Bryan Kelly: I don’t have any problem with people getting help but not indefinitely. Years and years can’t go by with getting handouts, you have to work towards bettering your situation and not expect everyone else to pay your way.

@Louise Tracey: Still just making up stories. Who are these fictional people? Got stats? Coz vulture funds are kicking people out for missing one or two payments. Coz vulture funds don’t want the mortgages paid off, they want to kick them out first opportunity they get and sell the property.

They’re not gonna give you a better interest rate for licking their boots this much Louise. You’re a traitor allying yourself with one of the biggest enemies to REAL hardworking people right now. Disgusting.

@Bryan Kelly: Really? Vuture funds “are kicking people out for missing one or two payments”? As you yourself might say, “got stats”? I’d be very interested to hear how many people have been kicked out for missing one or two payments. Ireland has (by far) the lowest eviction rates in Europe. Generally you have to miss not one or two payments but several YEARS of payments, and even then you only have a tiny chance of being evicted. There are at least 30,000 of people in arrears in this country. Each year just a few hundred of them are evicted. And none of them have just missed one payment.

Got stats? Let’s hear them.

@sean o’dhubhghaill: house costs back then we’re only two or three times your wage. I doubt we’ll ever see a return to those kind of interest rates. Out of curiosity, why wouldn’t you have went with a fixed rate when you bought? I’m trying to save for a mortgage at the moment and I think a fixed rate looks more appealing.

@Niall: nah. Wouldn’t have needed to be created by the media. Two showers of w*nkers that have been in power here for nearly a hundred years and sent many Irish people down the swanny. The only thing that separates them is name …

@Dave Doyle: ecactly.

@Marian Frawley: It is when your old pair go away for the weekend and you can have the lads over for a house party .

@Roy Dowling: Mr know it all really knows nowt! Check your facts..
There’s no such thing as free houses, social housing is given on means basis, income assessed etc
May you get down from the ivory tower…

@Roy Dowling: No Hap Roy.. It is based on your income & deposit is required, granted not as much if you willing go & get a mortgage for a house. Try not to blame ppl on swelfare because you can’t afford your mortgage!
Council houses are unfurnished, no repairs are carried out by most councils, not all sing from the same hymn sheet, depends where you live. Nothing comes free.

@Marian Frawley: absolute bs council’s have to do repairs like any landlord. only one person in this conversation in an ivory tower

@Marian Frawley: Who says I can’t afford a mortgage?, And since when is a house bought by a mortgage furnished? Clearly you have no idea what your talking about.
Plenty comes for free when your only income is social welfare and you get a council house. in fact everything is free for them as they don’t do anything for what they get.

@Roy Dowling: FG types always know these people who never worked a day in their lives and get free houses you people must keep really bad company or do you need proven loyalty to the blue party of the Vultures, Bankers and Corporations to receive these benefits.
Seriously, stop repeating this lazy lie, its way past its use by date.

@Marian Frawley: of course there is. When you are given free money. It’s free. There are some gap payments I believe of up to e2500 in Dublin, you think that acceptable , your neighbor scratching his ass all day, while you work to provide for yourself and your neighbors Ilk. Of course the spineless government makes the rules, they are the ones to blame!

@Roy Dowling: Roy , their argument is these people might have to make some pittance payment. Which they do … with the free money they get ! The struggle is real !!!

@ed w: That’s true Ed, the only thing the council do is cheap rents. No ivory tower here

@Jointheclubtoo: mad how you assume I am a FG type because you don’t agree with me. Just so you I don’t support FG, FF, SF, or any party. None of them are worth supporting in my opinion there all the same.

And please tell me what lie am I’m telling?. Take Margret Cash for example. When has she ever worked or done anything to help herself?
Answer never, she demands the state give her everything cause she “entitled” to it.
Maybe my opinion would change when housing charity’s stop using her and others like her as there sad cases.

@Roy Dowling: Now that’s bs. Not everyone on swelfare get things free. As I said before Check your Facts!! You just assume all are scroungers.

@Shane Murphy: Using that logic, TD’s are on free money since they don’t show up for work and only scratch their assets if the whip demands their presence.

@Marian Frawley: Where did I say everyone? I think you’ll find I didn’t. again your just assuming.

@Roy Dowling: If that’s the case why don’t you compare the relative pittance Margaret Cash got to what the top welfare spongers ie. the banks, ‘financial consultants’ developers, and bankruptcy tourists take.

@Roy Dowling: For the love of all things holy, you said everyone on social welfare…

I think you’ll find your comment was deleted, either by yourself or who knows? Above it looks like I’m talking to the wall… Obviously

@Marian Frawley: Actually I said those who have never worked a day in there life and never worked a day in there life. does that mean everyone on social welfare? Again your just assuming things

@Roy Dowling: **Their for there
Actually in your own words
“Plenty comes for free when your only income is social welfare and you get a council house. In fact everything is free for them” etc
There you go making presumptions about “them”.. Who’s them you refer too?
Them that everything free…oh please

@Marian Frawley: cop on lad we all know who he’s talking about. There’s families of nothings out there generations of scrounges who have got everything for free and never worked a day in their life.

@Marian Frawley: for them, means those who’s been on welfare there whole life without contributing at thing as I stated above.
Good to know you’ve resorted to correcting spelling shows you’ve run out of ideas.

@Gus Sheridan: I never voted FFG, not one preference ever. Nor SF, but I think that’s all there is at the moment, I’m willing to give them a try.
One thing is certain though, FFG must go

@Willy: please comment in moderate temperate language you’d be understood much better.

@Emmet Doyle:
The case could certainly be made that banks were lending too much money to people who shouldn’t have got it, but that doesn’t change the fact that it’s high levels of default (compounded by low rates of eviction) that have given rise to the bad balance sheets that have in turn led to higher interest rates.