Earlier this morning, the Taoiseach said that his preference was for Irish people to own their own homes and that he supported that. I do not know how he can match that to his complete disregard for the 3,200 family homes that are now being sold to vulture funds by Ulster Bank and the 400 buy-to-let homes also included. These are families that tried to set out to do what the Taoiseach suggested and buy their own homes. They have been restructured on a number of occasions. The Government is not offering those families any support with regard to the restructure that is now required as they are sold to vulture funds. What he said this morning about the protections in terms of the home travelling with the loan is simply not true in practice. The Taoiseach knows this, yet he will not introduce his own legislation to provide that protection. He dismissed the leader of Sinn Féin this morning about Deputy Pearse Doherty's No Consent, No Sale Bill. The Taoiseach could order that Bill to be before this House today if he so wished. The time has come for the Taoiseach to examine the legislation that is there and to bring legislation forward.

Last week, the CEO of a vulture fund told its investors that Ireland is the gift that keeps on giving. By God did they get another gift yesterday when Ulster Bank announced that it was selling nearly 4,000 homes, including 3,200 family homes. There are up to 10,000 real people in those homes whose loans are now being sold to a vulture fund. The Taoiseach simply does not understand what happens when a loan goes to a vulture fund. I stood here and told him what happened with the last sale to a vulture fund by Ulster Bank. The fund sent letters to loan owners to tell them that they had to clear all of their loans, the €200,000 or €300,000, within 30 days. Banks do not do that. Vulture funds do because they only have a short-term interest. The Taoiseach said that he cannot dictate the pace of my legislation, the No Consent, No Sale Bill. Is it not true that the Taoiseach and the Government are doing their damnedest to try to block that using the mechanism of the money message? The Taoiseach's Government has facilitated this sale. The Fine Gael Government met the vulture funds 125 times. These are the same vultures that refused to come before the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach, to answer the questions of parliamentarians elected on behalf of the Irish people. The Taoiseach needs to act now. We need to stop this type of sale to vulture funds and to protect homeowners who need the protection of the State.

Hear, hear.

I would be happy to answer the Deputies' questions and charges if I am permitted to do so. The vast majority of people in Ireland own their own home. Approximately 68% of Irish people own their home and I want that to be a reality for people in their 20s and 30s too. That is why our housing policy is all based on the concept of home ownership, increasing supply and allowing people to acquire their own home which would be their home and private property. If a loan is sold on, the person continues to retain the same contractual and consumer rights as he or she had before. We should not scare people by claiming the opposite.

Not in practice and not before the courts either.

We have to consult with the Central Bank about the legislation that the Deputies mention.

It has already been done.

There is a real concern, which should be recognised in this House, that as is so often the case, well-intentioned legislation can be counterproductive. The result might be the shutting down of mortgage lending in the State, making it harder for young people to get a mortgage for the first time.

That is rubbish.

Nobody has even suggested that.

The Taoiseach should be allowed to speak without interruption.

It would cause mortgage interest rates to rise for others.

The Taoiseach keeps meeting the vultures.

It is about time that the Taoiseach stood up for all the people.

That is a real risk in such legislation.

Scaremongering.

That is rubbish.

It is well-intentioned legislation that actually hurts many people, making it harder for them to get a loan in the first place. It increases interest rates for those who already have a loan. Once again, when the truth is spoken in this House, they cannot take it.

The Taoiseach keeps on rolling out the red carpet for the vultures.

The Taoiseach is sacrificing ordinary Irish families who try to do their best to make payments to these banks.

Deputy Doherty is being disorderly. I call Deputy Michael Healy-Rae.