Dáil debates

Thursday, 20 October 2011

 

Mortgage Repayments

4:00 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)

I thank the Deputy. I suppose this is complicated because there are at least four parties involved here. We have the unfortunate individuals who purchased the home, who are in this circumstance and who now have had to move out. We have the lending institutions which provided the funds to allow that purchase to take place. We have the local authority and its responsibility in this entire affair. Finally, we have the builder's responsibility, the standard of the building and its certification. It is a complicated legal issue that will ultimately have to be determined outside this House.

Any effort involving the Government - I am thinking here of the work of the Minister of State, Deputy Penrose and his Department - is all about trying to get the best possible deal for the people in this situation. Any action the Government can take that will help resolve the issue will be taken. We are limited by virtue of the fact that this is part and parcel of a legal process in which we cannot get involved. I hope the remedies set out in my initial reply to the Deputy are there for the regulator to enforce, if complaints are made to him. While I cannot instruct anyone to make a complaint, it is clearly a matter for him if complaints stack up in his office. In the first instance, it is a matter for the residents concerned. The Government will take any action it can to help in the matter.

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