I would agree with Ms Doyle on this matter. I would also express my disappointment at this appointment . With all respect to Mr Taafe, he must admit to a very poor handling of the pyrite fiasco. Homebond are a private structural defects insurer for builders and developers,that is passed to homeowners without their say on the matter. I find it shocking that the law society of Ireland issued warnings about the fiscal capabilities of Homebond in July 2001, yet it was allowed to continue to trade and be the leader in the market, with thousands of young homeowners signing up to them and extraordinary mortgages without real knowledge of the situation, putting their trust in their conveyance solicitor, only, to be let down.
Homebond are currently agreeing to extend a structural 10 year guarantee to houses with pyrite if they are fixed.....? I do not understand this, and Homebond refuse to explain this to homeowners. If they are extending a structural guarantee, what was there to begin with ?
Philip Ring
Posted on 3 Apr 2012 4:45 pm
I would agree with Ms Doyle on this matter. I would also express my disappointment at this appointment . With all respect to Mr Taafe, he must admit to a very poor handling of the pyrite fiasco. Homebond are a private structural defects insurer for builders and developers,that is passed to homeowners without their say on the matter. I find it shocking that the law society of Ireland issued warnings about the fiscal capabilities of Homebond in July 2001, yet it was allowed to continue to trade and be the leader in the market, with thousands of young homeowners signing up to them and extraordinary mortgages without real knowledge of the situation, putting their trust in their conveyance solicitor, only, to be let down.
Homebond are currently agreeing to extend a structural 10 year guarantee to houses with pyrite if they are fixed.....? I do not understand this, and Homebond refuse to explain this to homeowners. If they are extending a structural guarantee, what was there to begin with ?