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Results 1-4 of 4 for "engineers ireland" segment:8846517

Joint Oireachtas Committee on Housing, Planning and Local Government: Defective Blocks Scheme: Discussion (27 Feb 2024)

...and Payments Federation Ireland about whether these properties will be remortgageable and whether their full value will be restored. Unfortunately, it seems to be at a crux at the moment where Engineers Ireland is not prepared to sign off on remediation options where there is any potential for defective material being left in the buildings. The banks will not restore the value of the...

Joint Oireachtas Committee on Housing, Planning and Local Government: Defective Blocks Scheme: Discussion (27 Feb 2024)

...is the third meeting of the committee at which we have said that IS 465 is flawed and not fit for purpose. How many times do we need to do this before change is made? A comment by Damien Owens of Engineers Ireland to the committee in 2022 really struck me. He said that until all the research is there, none of the research is there. We have a good deal of research. Government cannot...

Joint Oireachtas Committee on Housing, Planning and Local Government: Defective Blocks Scheme: Discussion (27 Feb 2024)

...knows it still retains defective material. They will not get professional indemnity insurance. That is the message and we need clarity on that. We need a definition of that from the likes of Engineers Ireland. The fundamentals of this scheme are just plain wrong. They have been wrong since we were denied pre-legislative scrutiny, which would have addressed a lot of this. This is a...

Joint Oireachtas Committee on Housing, Planning and Local Government: Defective Blocks Scheme: Discussion (27 Feb 2024)

...is on your own back. The other thing is, if you engage with the scheme, is your house going to be mortgageable at the end? Even if you work within the parameters of option 1 of the scheme, from Engineers Ireland and from the mortgage lenders, we do not have the assurances that if we go through this process, do exactly what we are told and come out the other side, we will be able to...

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