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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

To be clear, I do not suggest the financial institutions should. This is drawing a spotlight to the situation and where people are at. If the standard changes to say that the remedial works should require the taking out of foundations, I would find it very hard to see a financial institution turning around and providing a €400,000 mortgage to someone who seeks to buy a house and who is stating he or she has the certificate when a four-year expert review was done that said the foundation should have been taken out of that house.

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