We use Google Analytics to see which pages are read and how the site is used, so we know what to improve. This only runs if you accept. See our privacy notice for details.

Dáil
‹ Ceisteanna — Questions. Oral Answers. - Private House Purchase Transactions.

Private house purchase transaction delays

Summary

Allen pressed for action on recommendations to reduce delays and costs in private house purchases, including changes to bridging interest and conveyancing law. The Minister said he was treating the matter as urgent; replies were still awaited from Finance and the Incorporated Law Society.

asked the Minister for the Environment when he proposes to deal with the recommendations contained in Report No. 1 of An Foras Forbartha dealing with the problems of delays and expenses associated with private house purchase transactions.

Comment on this
Fergus O'Brien Mr. F. O'Brien Fine Gael

I have already raised, and I am pursuing with the bodies concerned, the question of the implementation of the recommendations contained in the report referred to by the Deputy.

Comment on this

Will the Minister tell the House if the relevant Departments, Justice, Finance and the Environment, have responded to the recommendations in relation to the bridging interest and the question of changes in conveyancing laws?

Comment on this
Fergus O'Brien Mr. F. O'Brien Fine Gael

Replies have been received from the Construction Industry Federation and the Departments of Justice and Agriculture. Replies are outstanding but expected soon from the Department of Finance and the Incorporated Law Society.

Comment on this

Have the Incorporated Law Society responded to any of the suggestions in the report?

Comment on this
Fergus O'Brien Mr. F. O'Brien Fine Gael

We are awaiting a reply from the Incorporated Law Society.

Comment on this

I should like to draw the attention of the House to the fact that it is almost 18 months since that report was published.

Comment on this
Fergus O'Brien Mr. F. O'Brien Fine Gael

I am treating this matter as urgent.

Comment on this