Oireachtas Joint and Select Committees

Tuesday, 30 June 2020

Special Committee on Covid-19 Response

Impact of Covid-19: SME Recovery

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

Can I interrupt Mr. Moran? I have quite a number of files on my desk, including a case where people have been approved a mortgage but where only one of the parties is being paid by their employer. They are not getting a Covid payment but their employer is getting one and the banks are refusing to allow drawdown, even though the other partner in the transaction is getting their full salary. Both parties are getting their full salaries but because one of the employers is getting the Covid support, banks are refusing to allow drawdown.

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