Dáil Éireann Debate, Thursday - 24 November 2022
181. Deputy Rose Conway-Walsh asked the Minister for Housing, Local Government and Heritage 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]
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, 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.
