Pádraig O'Sullivan (Cork North Central, Fianna Fail) | Oireachtas source

I thank the Minister for his response. I appreciate that the regulatory framework for the decision to grant or refuse an individual application for a mortgage is a matter for the financial institutions. However, many of the constituents to whom I have spoken have not been impacted financially. The issue is that they cannot draw down a previously approved mortgage. Often their employers provide letters to state that their employment will not be affected and there is no long-term financial difficulty, yet they are not able to draw down the mortgage. I urge the Minister to engage further with the banks on this issue.

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