Oireachtas Joint and Select Committees

Wednesday, 9 October 2024

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

Engagement with the Central Bank of Ireland

1:30 pm

Ms Derville Rowland:

I am trying to deal with that. We are not inside the scheme. When we meet the group of people affected and who are raising issues, we have to work off the best information we are given by those charged with fixing this. My understanding is that the issues with regard to mortgageability or the sale of homes so others can obtain mortgages to purchase them is now linked in with the NSAI assessment protocol, which is subject to consultation. I understand that is a barrier. Once it is addressed, it becomes possible to sell an affected home and get a mortgage to purchase one, as well as support the homeowner in the home. That is my understanding but, not being inside the scheme, I may not know everything. That is our best and most recent information.

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