Oireachtas Joint and Select Committees

Wednesday, 14 February 2024

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

Engagement with the Central Bank of Ireland

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

I know how things are measured.

I move on to the pyrite and mica scheme, because we have had discussions on this before. Will Ms Rowland detail the progress that has been made from the bank's engagement with the financial services industry and the representation groups to advance the work they promised to do? Will she let us know what is happening there? We have a situation at the moment where homeowners are still not getting access to extend their mortgages. I find this in particular with people in their 50s and 60s, who are being refused top-up loans by their banks. There is a mortgage on the house. They need a top-up mortgage to bridge the gap to draw down the loan from the scheme. The people I am dealing with in my constituency are not getting the financial support or credit to do that.

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