Joan Burton (Dublin West, Labour)

The Tánaiste and Taoiseach gave an indication that they have reached decisions on the introduction of legislation on property management companies. Tens of thousands of property owners are experiencing severe difficulties with property management services and their costs. Has the Government clarified which Department will sponsor what is, I understand, a single Bill? What is the timeframe for dealing with the legislation? In terms of the property market, the confused circumstances surrounding property management companies in new areas is causing severe problems for property owners who want to sell their property and move on, those who want to buy a property and those paying mortgages on negative equity homes and high management fees.

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