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When everyone has a home

028 9024 5640: Housing & Debt Helpline for Northern Ireland

Repossession taskforce gets to work

5 February 2014

A Housing Repossessions Taskforce established by Housing Minister Nelson McCausland has had its first meeting; the taskforce will investigate the issue of negative equity and repossessions in Northern Ireland.

Minister McCausland said, “While there are many hopeful signs beginning to emerge from the Northern Ireland housing market, I continue to be concerned about the considerable number of households facing mortgage difficulties and legal actions for repossession of their homes."

The Taskforce is due to produce an initial research report detailing the extent and nature of the repossessions issue in Northern Ireland by the end of June 2014.

Housing Rights Service is represented on the Taskforce along with the following organisations:

•    Department for Social Development
•    Department of Justice
•    Council of Mortgage Lenders
•    The Law Society
•    Royal Institute of Chartered Surveyors
•    Landlords Association NI
•    Queen’s University Belfast

Further information is available at http://bit.ly/1l44rn1
 

This article was written on 5 February 2014. It should not be relied on as a statement of the current law or policy position. For help with housing issues please contact our helpline on 028 9024 5640 or use our online chat service at www.housingadviceNI.org.