Brendan Howlin (Wexford, Labour) | Oireachtas source

It is a novel way of subsequently answering questions. Today The Irish Timesreports that buyers of new homes could be at risk of losing their deposits. This is because contracts being used by developers no longer have old fashioned protective clauses. For example, a subject-to-loan-closure clause used to be standard in contracts. Now somebody who has made a deposit but for some reason cannot raise the loan will lose the deposit. Will the courts and land conveyancing (amendment) Bill deal with that loophole? When will see that Bill?

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