Home repossessions report before election political ‘dynamite’

Right 2Homes says legal moves under way to prevent banks speeding up repossessions

OECD secretary general Angel Gurría: the OECD report said repossessions in Ireland should be accelerated and “repossession of collateral on non-performing loans is inefficient”. Photograph: Eric Luke

A report encouraging banks to speed up home repossessions in advance of the election “is dynamite” politically, said campaign group Right2Homes.

One of a number of groups campaigning for legal protection for home owners, Right2Homes is crowd-funding a constitutional challenge to the legislation which underpins repossessions of family homes.

Co-founder of Right 2Homes, businessman Brian Reilly, said the group was briefing the main political parties and had been invited to meet Fianna Fail politicians to discuss home protection schemes, when news of the OECD report came through.

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We Haven't Gone Away Either

"We Haven't Gone Away Either" - we've actually been very busy ourselves these past few weeks meeting with supportive and like-minded politicians and also potential supporters for the Constitutional Challenge and for our much-needed and vitally important fundraising effort.

Meetings have been held in Leinster House separately with Senator Darragh O'Brien (FF), Catherine Murphy TD (Social Democrats) and also Senator David Norris, all of whom have expressed their willingness to support our efforts with Right2Homes.

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