Sinn Fein are set to propose new legislation that would prevent so-called ‘vulture funds’ from evicting tenants when acquiring property.
The proposal was put forward at the Dáil today. If passed, it would become illegal for vulture funds to get rid of tenants when their property is acquired. The sale would still go through, but the tenant would remain.
Both Fine Gael and Fianna Fail will have to pass the legislation for it to become law
Homelessness is currently at an all-time high across the country..