Mr. Michael Doherty:

What is so important to us is that we are not getting 100% redress. If we were getting 100% redress, we would rebuild the houses we had to the same sizes at zero cost. The reality is that our scheme is more like an 80% redress, which leaves a 20% shortfall. For example, if homeowners get a grant of €160,000, they might find they are €50,000 short and cannot get that €50,000, so they take that €160,000 and build whatever size house they can build for €160,000 and then they are not out any money and do not have to go to the bank.