Mr. Barry O'Leary:

On the two to five-year short-term loan that we propose for derelict or CPO buildings, we would be quite happy to lend to a local authority at a rate somewhere between nothing and 0.5% for a short-term loan for two years but certainly not for more than five years. We would want to see evidence of them rolling it over. The Deputy referenced unsold affordable homes and that there is a certain amount of scar tissue for them. They would never go back into that world without having an exit; they would want to be sure. If that kind of cost is put in front of them, it helps.