Financial Services
Dail Éireann — 2026-02-10
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Cian O'Callaghan (SD), Dublin Bay North

The person who contacted me recently told me of how the cumulative impact has been devastating. She has lived for over a decade under constant stress and uncertainty with profound effects on her mental health and physical health, her family life and her ability to live with dignity in later life. She is now facing the risk of imminent homelessness. She has tried to go through the regulatory process. She has been on to the Financial Services and Pensions Ombudsman and so on. Having worked in an area related to this one, she has an ability to try to advocate for herself that a lot of people would not have, and she has still found it impossible. The reality for people is that they have experienced multiple breaches of regulations but every time they try to fight that, it is extremely difficult for them. They are faced with punitive interest rates that often mean they have effectively paid off the capital on their home and the normal interest rate but they are still stuck in a perpetual mortgage. I am asking the Tánaiste what he is going to do to address this.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-02-10/debate/main
Retrieved: 2026-08-14T04:54:36+00:00
Sitting date: 2026-02-10