Written answers

Wednesday, 3 December 2025

Department of Finance

Financial Services

Photo of Johnny GuirkeJohnny Guirke (Meath West, Sinn Fein)
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108. To ask the Minister for Finance the extent of the involvement of Home Building Finance Ireland (HBFI) in the financing of the Ringfort development in Rathmolyon, County Meath; if his Department will use its oversight of the HBFI to ensure a resolution for the affected home buyers; and if he will make a statement on the matter. [68187/25]

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael)
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HBFI was established as an independent, commercial entity to provide lending for housing construction. As Tánaiste and Minister for Finance I do not have any role in HBFI’s commercial decisions.

As the deputy may be aware, HBFI is subject to the same confidentiality obligations as other banks and financial institutions and, therefore, cannot comment on at the particularities of individual loan facilities. However, as is the case for all lenders including HBFI, once a loan is fully repaid, the lender ceases to hold security over the related assets.

I can confirm that HBFI has no current role with this development.

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