Dáil Éireann Debate, Tuesday - 26 July 2022
627. Deputy Joe McHugh asked the Minister for Housing, Local Government and Heritage if he will outline and document evidence of engagement with the banks in an effort to facilitate persons who are not in a position to come up with the initial funds for second stage engineering fees and demolition; and if he will make a statement on the matter. [39793/22]
View answerOversight 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 I can confirm that 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.
