Saturday 3 December 2016

Charlie Weston: Homeowners mustn't pay for others' reckless loans

Published 26/02/2010 | 05:00

SHOULD prudent homeowners who have been diligently meeting their mortgage payments rescue the reckless who now find themselves in arrears?

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The question is posed by the formal announcement yesterday of a group of experts tasked with coming up with proposals to save heavily-indebted families from going to the wall and even losing their homes.

Energy and Communications Minister Eamon Ryan has been pushing for months now for an advisory group to be put together to propose solutions for those in arrears with their mortgages and other debts.

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