SINN Féin North Kerry/West Limerick TD, Martin Ferris has called on Kerry’s government TDs to do more to stop home repossessions following reports yesterday that 175 civil bills had been lodged while 33 repossession orders were granted in Kerry up to January 1st this year (see graphics below).
“Government policy is facilitating the repossession of Family Homes in Kerry and across the state but they are refusing to recognise the very real danger presented by thousands of repossession bills being lodged in the last year,” said Deputy Ferris.
“Repossessions of family homes have increased steadily and Fine Gael and Labour are failing to deal with the crisis,” he added.
“According to Central Bank figures, there are 37,778 homes in the most serious of arrears, these families are the most likely to be facing legal actions in the future. This is almost double the figure from September 2012. 12% of mortgages in Kerry in arrears.”
“There is no recovery when people are losing their family home and have nowhere to go, saddled with massive debt. The government must act to help these mortgage holders to stat in their family home and prevent the banks from bullying and intimidating ordinary people who paid for their bailout,” he said.
“Group like New Beginnings and the IMHO believe that as many as 25,000 repossessions could be lodged if nothing is done. This cannot be allowed to happen,” he said.
Below are the figures showing the breakdown of Civil Bills lodged and orders granted with a monthly breakdown further down.