Derry Daily
  • News
  • Entertainment
  • Sport
  • Features
  • Courts
  • Business
  • Health
  • Politics
  • Jobs
Thursday 16°CFriday 16°C

Derry Daily Derry Daily Derry Daily

  • News
  • Entertainment
  • Sport
  • Features
  • Courts
  • Business
  • Health
  • Politics
  • Jobs
Derry CityEnvironmentHousingNewsPolitics

Durkan: Homeowners must be protected through cost-of-living emergency

written by cassoscoop April 21, 2022
ShareTweet

SDLP Foyle candidate and Communities spokesperson Mark H Durkan

THE SDLP’s Foyle Assembly candidate Mark H Durkan has called for the establishment of a Mortgage Rescue Scheme to assist low income households.

Mr Durkan has consistently called for long overdue support for individuals struggling to make their mortgage payments from the outset of the pandemic and has criticised the delay to act.

Said the former MLA: “The cost of living emergency is plunging people here further into poverty. Most households are vulnerable at this time to soaring prices and this will be keenly felt by owner occupiers, many of whom are struggling to make ends meet.

“In early 2020, as Coronavirus legislative protections were being put in place, I urged the Communities Minister to establish support for struggling homeowners and had been given several indications that work was underway.

“Two years on, it is lamentable that no action has been taken to protect people struggling to make their mortgage payments particularly as lenders’ mortgage payment holidays afforded over the course of the pandemic have now come to an end.

“In light of the cost of living, before the end of the mandate I asked the Communities Minister to bring forward a mortgage support scheme.

“She passed the blame to the DUP for collapsing the Executive and while I share her frustrations that progress has once more been stymied, I cannot accept that in the two years the Minister held the power to act, she chose not to.

“I have consistently appealed for improved financial support for homeowners given the fact that Northern Ireland has a greater proportion of homeowners in poverty than anywhere else across the UK.

“In fact, it has twice as many households behind with mortgage payments, a position which has likely worsened given the current economic uncertainties.

“The events of the past few years have exposed the vulnerabilities of homeowners who were provided with minimal assistance and placed at greater risk of homelessness as a result.

“Failure to deliver on the prevention of homelessness will have devastating consequences within our communities.

“The spiralling costs of homelessness in the North is completely unsustainable; not just the financial cost but the human cost and distress caused to thousands of individuals and families.

“This issue affects all aspects of our society which is why the prevention of homelessness is a key policy within the SDLP manifesto.

“The introduction of a Mortgage Rescue Scheme must be a priority for the Assembly, people have already waited too long for this support,” added Mr Durkan.

Durkan: Homeowners must be protected through cost-of-living emergency was last modified: April 21st, 2022 by cassoscoop

Tags:
Communities Minister Deirdre Hargeycost of living emergencyDerry CitydupDurkan: Homeowners must be protected through cost-of-living emergencyFoyle Assembly candidateMark H DurkanMortgage Rescue SchemeSDLPSinn Fein
ShareTweet
cassoscoop

LEAVE A COMMENT

You may also like

Harkin: Council needs to challenge pay hypocrisy

3 hours ago

Thousands expected for Stendhal music and arts...

5 hours ago

Cross-border healthcare scheme to be extended

5 hours ago

Artist appointed to mark contribution of Derry’s...

6 hours ago

Police renew appeal over Co Derry road...

7 hours ago

Two men released over dissident republican terror...

8 hours ago

Durkan steps down as Mental Health APG...

23 hours ago

‘Inquest verdict vindication of family’s fight for...

1 day ago

Unarmed Derry mother was shot by soldier...

1 day ago

Western Trust appeals for breast milk donations

1 day ago

Keep in touch

Facebook Twitter Email

Features

  • Competition! Win tickets to Northern Ireland v England Women’s Euro 2022 match

    June 17, 2022
  • Glenapp Castle: Only a few miles from home but a million miles away

    December 20, 2021
  • DD Travel Feature: The Unsung Shores of Portugal

    November 12, 2021
  • Derry meeting led young Donegal woman to high profile murder

    July 16, 2021
  • DD Travel: Living like a local in Lixouri

    December 17, 2020

Courts

  • ‘Inquest verdict vindication of family’s fight for truth’

    June 29, 2022
  • Unarmed Derry mother was shot by soldier in ‘unjustified’ circumstances

    June 29, 2022
  • Man charged with dangerous driving after car crash

    June 14, 2022
  • Derry couple’s romantic encounter disturbed by Gardai during lockdown

    June 13, 2022
  • Four men charged over commercial burglaries

    June 12, 2022

Donegal Daily

  • Mourners at funeral of little Grace Mary Sweeney told ‘Words are inadequate’

    2 hours ago
  • Burglar stabbed man after being found hiding in daughter’s bedroom

    3 hours ago
  • Man charged with sex offences at Aura Leisure Centre

    9 hours ago

Read More

  • News
  • Sport
  • Courts
  • Jobs
  • Features
  • Business
  • Politics

Information

  • Contact Us
  • About
  • Advertise WIth Us
  • Privacy Policy
  • Disclaimer
  • Terms & Conditions
Derry Daily

© 2022 Derry Daily. All rights reserved.


Back To Top

Posting....