Sinn Féin is proposing that a defective apartment redress scheme is funded through a levy on the profit of large companies, such as cement manufacturers, construction companies and banks
Homeowners speak about urgent need for Government redress scheme to address fire defects in 100,000 apartments. Image: Alamy Stock Photo A 100% REDRESS scheme to deal with defective apartments around the country is badly needed, according to Sinn Féin which is tabling a motion on the issue this evening.
The number of homes that may be affected by one or more defects could range between 50% and 80%, the report said, with the overall remediation cost likely range between €1.6 and €2.5 billion. In addition, any scheme that is established should be retrospective so homeowners who may have paid for redress to date are able to reclaim that money back.
“The taxpayer shouldn’t have to foot this bill… unfortunately, the taxpayer is on the hook … but ultimately, industry needs to be brought to the table,” he said. Tánaiste Leo Varadkar has previously said “there will have to be Government assistance for people who, through no fault of theirs, purchased apartments that are in buildings where there are defects and those defects have to be repaired”.His comments come ahead of Feargal Ó Coigligh, Assistant Secretary of the Department of Housing appearing before the Oireachtas Housing Committee today to discuss the issue of quarries and quality controls of building materials.
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