Oireachtas Joint and Select Committees

Tuesday, 5 December 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Residential Tenancies (Right to Purchase) Bill: Discussion

Mr. Patrick Davitt:

If the Senator was going to pay for it by means of a mortgage, we would more than likely accept approval in principle. It depends on which bank it is from. Some of the banks do them in five minutes and, as the Senator knows, when you go to get the money, it could take five hours, five days or five weeks.