Mr. Se?n McCabe:

I want the banks' product development teams to come up with short-term interim facility loans at 0%. They need to engage with us and discuss timescales in terms of how long we need the loans for in order to start and finish the works. The banks have the infrastructure to do that – the teams, the backup and the knowledge. It is within their remit to set up these products. This issue needs to be addressed. As well as short-term interim finance, there needs to be an equity-type release for people over the cap's level. That would be important in allowing people to finish their properties.

The banks can work together with us. Obviously, though, we expect each bank to do this individually. I agree with the Deputy's point that it is easy to say we need this, but as to the question of how do it, this is how.