Sean Barrett (Independent) | Oireachtas source

I have concerns about the amendment as proposed by the Minister. Not later than two years after the establishment, the review starts and then within 12 months there is a report. We are extending the conveyancing monopoly for approximately four years. There is no need for any review as it has been done in 200 pages by the Competition Authority. It can be done by comparing conveyancing charges on property in Ireland and the adjoining island, which has a flat fee of £250. Our fee is 1.5% of the cost of the building. There is no need for a review as the research is known. If we pass this amendment, we will condone for another four years the overcharging of everybody who buys a house in this country.