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Dublin: 12 °C Wednesday 20 June, 2018

#Vulture funds

# vulture-funds - Thursday 10 May, 2018

A 'difficult decision': Ulster Bank confirms it will sell 6,500 mortgages in arrears

Around 3,600 of the mortgages are private dwellings that have fallen in arrears.

# vulture-funds - Wednesday 25 April, 2018

'There's power in community': Farmers urged to boycott forced sales of farms by vulture funds

The IFA has been contacted by around 200 farmers impacted by the issue so far this year.

# vulture-funds - Thursday 15 March, 2018

'It's a gagging order': Department tells councillors not to discuss private planning applications

'It's a gagging order': Department tells councillors not to discuss private planning applications

Councillors have said the direction from the Department of Housing is an attempt to undermine local democracy.

# vulture-funds - Monday 12 March, 2018

'Landlord said it was none of his business': Tenants left 'in limbo' after vulture funds buy property

Housing charity Threshold says numerous renters had contacted it over problems with vulture funds and receivers.

# vulture-funds - Friday 9 March, 2018

Grafton Street branch of PTSB occupied by anti-vulture fund demonstrators

The protesters accuse the bank of putting the lives of people in almost 20,000 households in jeopardy.

# vulture-funds - Tuesday 6 March, 2018

Taking on vulture funds and using State lands: How the opposition is trying to fix Ireland's housing situation

The utilisation of State land for affordable rental properties and the regulation of vulture funds is to be debated in the Dáil.

# vulture-funds - Tuesday 27 February, 2018

Protesters deliver a coffin to the door of PTSB, as government agrees to regulate vulture funds

The Central Bank is to review their code of conduct for how financial institutions deal with those in mortgage arrears.

# vulture-funds - Saturday 24 February, 2018

PTSB chief refuses to appear before Finance Committee next week over loan sale

The bank recently announced it is to sell off a €3.7 billion portfolio of non-performing loans, including mortgages 14,000 private dwelling homes.

Dealing with a vulture fund - how these families have coped

With tens of thousands of mortgage holders potentially facing vulture funds, we spoke to some people who’ve been through it already.

# vulture-funds - Friday 23 February, 2018

Mortgages sell-off will disrupt already-volatile housing market, charities warn

Ulster Bank said today that it would be looking to offload around 7,000 mortgages on top of PTSB’s proposed 18,000.

# vulture-funds - Thursday 22 February, 2018

Harris on PTSB home loan sale: 'It's time to see a bit of humility from our banks'

Sinn Féin’s Pearse Doherty said the bank has been asked to appear before the Oireachtas Finance Committee next week.

# vulture-funds - Wednesday 21 February, 2018

Minister concedes homeowners who engaged with PTSB may not have deals honoured

PTSB, which is 75% State owned, has been defending its plan to sell off a book of non-performing loans.

# vulture-funds - Tuesday 20 February, 2018

'Many have made no payments at all for years': PTSB defends controversial €3.7 billion mortgage sell off

The proposed sell-off has become the subject of a political battle in recent days.

# vulture-funds - Thursday 15 February, 2018

'You're throwing people to the vulture funds': Government criticised for taking no action to halt PTSB loan sale

PTSB, which is 75% owned by the State, states it is selling off non-performing loans.

# vulture-funds - Monday 12 February, 2018

'I wouldn't want to go up against them alone': Vulture fund ramps up taking homeowners to court

Pentire Property Finance is a subsidiary of US investment giant CarVal.

# vulture-funds - Thursday 18 January, 2018

'Take a look in the mirror': Why didn't the Central Bank act earlier on the tracker mortgage scandal?

The Central Bank’s governor Philip Lane confirmed 13,000 impacted customers are still waiting to get their money back.

# vulture-funds - Sunday 7 January, 2018

'If someone breaks into your house you should do whatever you have to to take them on'

Independent TD Michael Fitzmaurice talks rural crime, drink-driving and hits out against the Independent Alliance

# vulture-funds - Saturday 19 August, 2017

'We sold my wedding ring to afford six months' rent. We are now faced with bankruptcy'

We lost our home but our story is not unique and we are far from alone, writes Carly Bailey.

# vulture-funds - Wednesday 5 July, 2017

A tenants' group will protest outside the country's biggest private landlord today

Members of the Dublin Tenants’ Association will today picket outside the offices of Ires Reit.

# vulture-funds - Wednesday 28 June, 2017

Norris lets rip on vulture funds: 'Why were they allowed into this country?'

Speaking about his new Housing Co-op Bill, Norris said people appear to have forgotten that “eviction” is a dirty word in Ireland.

# vulture-funds - Sunday 9 April, 2017

'Farmers are at their wit's end': Losing your land, home and income at the hands of vulture funds

The IFA says if vulture funds come after farmers they’ll have to get to them through them first.

# vulture-funds - Friday 10 February, 2017

'It is arguable that the acts of vulture funds are outside what is to be permitted by the Constitution'

The inviolability of the family home is enshrined in our Constitution, writes solicitor Jody Cantillon.

# vulture-funds - Wednesday 25 January, 2017

Direct Provision centre in Limerick shuts over 'health and safety fears'

The management contract was “terminated” by a division of the Department of Justice today.

# vulture-funds - Monday 16 January, 2017

Spanish inspiration? Anti-eviction movement heats up with bill to end loopholes used to evict tenants

AAA-PBP is kicking off the first day of the Dáil session tomorrow with its Anti-Eviction Bill.

# vulture-funds - Thursday 12 January, 2017

Tyrrelstown law might not save Limerick renters from eviction

Housing Minister Simon Coveney said he is looking to get involved in the case.

# vulture-funds - Monday 9 January, 2017

'Out of the blue, we got a letter to say our loans had been sold to a vulture fund'

Housing has become the biggest issue for hundreds of thousands of people in Ireland.

# vulture-funds - Sunday 8 January, 2017

Vulture funds pay just €8,000 in tax on €10 billion of assets

New research has shown companies pay just €250 in tax a year.

# vulture-funds - Monday 2 January, 2017

'The Central Bank is in the dark' over how many business loans vulture funds own

Michael McGrath said that the situation was “incredible”.

# vulture-funds - Wednesday 5 October, 2016

'Accounting firms are telling vulture funds how to get around tax loophole closure'

Stephen Donnelly has submitted a detailed proposal on how he thinks Ireland can shut down vulture fund tax avoidance.

# vulture-funds - Monday 22 August, 2016

Where will Namaleaks lead us? The answer depends on you

Julien Mercille is a member of the Namaleaks team. He explains why the site was set up.

# vulture-funds - Monday 25 July, 2016

Vulture funds using charitable status for tax avoidance being investigated

Some vulture funds are using a tax loophole to pay as little as €250 in tax in Ireland.

# vulture-funds - Thursday 7 July, 2016

Government accused of facilitating tax avoidance by vulture funds

Social Democrats TD Stephen Donnelly told TheJournal.ie that the government sold a €400 million loanbook for just €80 million

# vulture-funds - Saturday 28 May, 2016

'I feel like an idiot. I should have just stopped paying my Ulster Bank loan'

The bank said this week it was selling 900 family homes as part of a loan book worth €2.5 billion.

# vulture-funds - Wednesday 25 May, 2016

Calls for emergency legislation to stop Ulster Bank selling 900 family homes

The sale includes 2,000 buy-to-let properties as well as farmer and SME loan books.

# vulture-funds - Monday 23 May, 2016

Should the government buy houses back from vulture funds? The public is split

The master of the High Court said it could work as one of the solutions to the housing crisis.

# vulture-funds - Sunday 27 March, 2016

Vulture funds pick and peck and they're not finished yet

The vultures arrived in Ireland after the crisis when they realised there was a lot of property up for grabs at knock down prices, writes Michael Byrne.

# vulture-funds - Tuesday 22 March, 2016

Alan Kelly: Fingal County Council is trying to buy Tyrrelstown houses

Some 100 families face the threat of eviction.

# vulture-funds - Saturday 19 March, 2016

Tyrrelstown residents want immediate protection from vulture fund

Ruth Coppinger has called for the government to intervene.

# vulture-funds - Monday 14 March, 2016

'It is devastating': Residents of Dublin estate facing 'mass eviction'

Tyrrelstown residents are set to meet at 8pm this evening to discuss their situation.

# vulture-funds - Monday 29 December, 2014

10,000 Irish homeowners need protection against 'vulture funds'

Fianna Fáil’s Finance Spokesperson Michael McGrath has said the issue needs to be dealt with in 2015.

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