Mick Wallace (Wexford, Independent) | Oireachtas source

It is outrageous to suggest that the financial institutions do not bear responsibility. If they gave the people affected by pyrite mortgages for their homes, then they sent someone out in advance of drawdown to see if it was safe to part with their money. The agreement was signed off with the banks deeming the homes to be worth the money before granting the mortgages. Now they will walk away from home owners, which is outrageous. The Government must hold them to account.

If ten houses in an estate of 100 houses are found to have pyrite, it is outrageous that the other 90 are not tested because they are no good to the people residing in them. The owners can never sell them because the houses are under suspicious of having pyrite unless it is proven that they do not. If I had the job of testing 100 homes together, I could do it at a fraction of the cost of doing them individually. Any estates with pyrite should be tested so that each house can be certified as clean. Otherwise, it is a stone around the neck of the owners.

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