Dáil Éireann Debate, Wednesday - 14 September 2022
211. Deputy Pádraig Mac Lochlainn asked the Minister for Housing, Local Government and Heritage if he and the Minister for Finance have engaged with the banks and financial institutions to ensure that they are entering into reasonable arrangements with families that have to avail of the remediation of dwellings damaged by the use of the defective concrete blocks scheme. [44464/22]
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.
