Oireachtas Joint and Select Committees

Wednesday, 1 May 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Defective Concrete Blocks: Discussion

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

There is more than one quarry and some quarries are still operating, and the materials coming out of them are still untested, so the very same thing that happened to all those homeowners could be happening again today.

The Banking and Payments Federation advises that what is happening is on a case-by-case basis. A case-by-case process worries me because the cases end up with us. People come to us when their cases are not acceptable to the banks or when they are not granted the finance they need. We wanted a bespoke system or package for this in order that we would be able to help homeowners who would not, in the normal run of things, be eligible for a mortgage because of their age or their circumstances. No progress has been made in that regard in terms of providing finance.

BPFI states that training has been given to bank workers. What form does that training take? How are we evaluating what happens? For example, if a person goes in and makes a query, is that recorded as being a refusal of financing?

Comments

No comments

Log in or join to post a public comment.