Oireachtas Joint and Select Committees
Wednesday, 1 May 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Defective Concrete Blocks: Discussion
1:30 pm
Pearse Doherty (Donegal, Sinn Fein)
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That is fine. When the bank is informed that there is deleterious material but it is not showing signs in the inner leaf, the fact there is certification solely for the outer leaf allows the banks to fully mortgage that property, that is, to fully provide a loan for that property. Is that what the BPFI is saying?