Written answers
Thursday, 24 November 2022
Department of Housing, Planning, and Local Government
Defective Building Materials
Rose Conway-Walsh (Mayo, Sinn Fein)
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181. To ask the Minister for Housing, Planning, and Local Government if his attention has been drawn to any issue with persons who have been accepted on to the defective concrete blocks grant scheme being unable to remortgage their home to help fund the repairs; and if he will make a statement on the matter. [58549/22]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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Oversight of the financial institutions is outside the scope and remit of my Department but I did write to the Minister for Finance on these matters.
The Minister for Finance advised that neither he nor his Department have any role in relation to the commercial decisions of individual regulated entities, such as decisions they may make on applications for credit, or in respect of individual actions they may take to assist households with a mortgage which is secured on a residence affected by mica or pyrite.
Notwithstanding this, engagement is on-going with the Banking and Payments Federation on specific issues raised by Defective Concrete Block homeowners to see what can be done to address their concerns.
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