Land and Conveyancing Law Reform Act

Rise in repossession predicted in Ireland by ratings agency Fitch

Rise in repossession predicted in Ireland by ratings agency Fitch

Fitch Ratings expects the number of repossessions to rise in Ireland following the enactment of the Land and Conveyancing Law Reform Act. However, it adds that the Act will also create “incentives for lenders and borrowers to agree longer-term alternative repayment arrangements”. These arrangements will likely…