Dáil debates
Wednesday, 18 February 2009
Order of Business
12:00 pm
Emmet Stagg (Kildare North, Labour)
There is promised legislation in the area of management companies. A number of management companies have gone belly-up. There is a lien on the title of the houses in these areas requiring householders to pay the management levy. As they cannot find anybody to whom to pay it, houses cannot be sold. Another problem arises with the affordable housing scheme, which is a highly desirable scheme. People living in affordable houses, who are stretched to meet the repayments, now need to also pay management fees within these areas. There is no control; there is no limit on the management fee. There is no regulation of it.
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