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08/10/2013
Deal Offered To Priory Hall Residents
Former residents at the Priory Hall complex have been offered a deal.
According to RTÉ, those who owned property at the facility will have their existing debts written off by the banks, and will also be given new mortgages to buy homes elsewhere.
In addition, the Government will take control of the complex, through Dublin City Council, and it will be refurbished "into a desirable, high quality, safe location."
The proposals were unveiled by Minister for the Environment, Phil Hogan, on Monday evening.
The news comes after three weeks of negotiations with former residents, banking representative, senior civil servants and the city council.
Welcoming the announcement, Minister Hogan said: "The proposals are now being considered by the residents and I believe they are a fair and reasonable outcome. They will give Priory Hall owners an opportunity to get on with their lives.
"The proposed Framework recognises the exceptional and unique difficulties faced by the home owners in Priory Hall over the last two years and I believe that it offers a fair and reasonable solution to their housing needs.
"The Priory Hall residents have been involved in the discussions and have been briefed on the Framework. Understandably they have asked for an opportunity to consider the proposals carefully. Therefore, to respect the wishes of the residents, details of the proposed Framework will not be made public at this stage."
He added: "Priory Hall was one of the worst examples of the failures of the Celtic Tiger years, and I am pleased that we now have an approach in place to resolve it. I also have introduced new building regulations to ensure that a situation like Priory Hall can never happen again.
"This new regulatory framework will require the various building professions to take responsibility for their work and will be strictly overseen by the building control authorities and ultimately the courts."
(JP/IT)
According to RTÉ, those who owned property at the facility will have their existing debts written off by the banks, and will also be given new mortgages to buy homes elsewhere.
In addition, the Government will take control of the complex, through Dublin City Council, and it will be refurbished "into a desirable, high quality, safe location."
The proposals were unveiled by Minister for the Environment, Phil Hogan, on Monday evening.
The news comes after three weeks of negotiations with former residents, banking representative, senior civil servants and the city council.
Welcoming the announcement, Minister Hogan said: "The proposals are now being considered by the residents and I believe they are a fair and reasonable outcome. They will give Priory Hall owners an opportunity to get on with their lives.
"The proposed Framework recognises the exceptional and unique difficulties faced by the home owners in Priory Hall over the last two years and I believe that it offers a fair and reasonable solution to their housing needs.
"The Priory Hall residents have been involved in the discussions and have been briefed on the Framework. Understandably they have asked for an opportunity to consider the proposals carefully. Therefore, to respect the wishes of the residents, details of the proposed Framework will not be made public at this stage."
He added: "Priory Hall was one of the worst examples of the failures of the Celtic Tiger years, and I am pleased that we now have an approach in place to resolve it. I also have introduced new building regulations to ensure that a situation like Priory Hall can never happen again.
"This new regulatory framework will require the various building professions to take responsibility for their work and will be strictly overseen by the building control authorities and ultimately the courts."
(JP/IT)
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03 September 2013
Govt Vow To Help Priory Hall Residents
The government has vowed to help former residents of Priory Hall in Dublin, with Minister for the Environment Phil Hogan saying that they could be open to helping to rebuild the properties. Around 300 residents were forced to abandon their homes in Priory Hall in 2011 after the building was declared unsafe.
Govt Vow To Help Priory Hall Residents
The government has vowed to help former residents of Priory Hall in Dublin, with Minister for the Environment Phil Hogan saying that they could be open to helping to rebuild the properties. Around 300 residents were forced to abandon their homes in Priory Hall in 2011 after the building was declared unsafe.
13 February 2012
Call For BOI Mortgage Moratorium For Priory Hall Residents
Dublin North East Labour T.D, Seán Kenny, today called on Bank of Ireland (BOI) to agree to the request by Priory Hall homeowners for a moratorium on their Bank of Ireland mortgages, while the residents are out of the homes by order of Dublin City Council, and forced to rent alternative accommodation.
Call For BOI Mortgage Moratorium For Priory Hall Residents
Dublin North East Labour T.D, Seán Kenny, today called on Bank of Ireland (BOI) to agree to the request by Priory Hall homeowners for a moratorium on their Bank of Ireland mortgages, while the residents are out of the homes by order of Dublin City Council, and forced to rent alternative accommodation.
01 November 2011
Priory Hall Residents Get Temporary Housing
A number of residents who lived in the Priory Hall complex in Dublin are to be given temporary housing by Dublin City Council this afternoon. Around one 180 residents had to be evacuated from the apartment complex after fears that the building did not meet fire safety regulations.
Priory Hall Residents Get Temporary Housing
A number of residents who lived in the Priory Hall complex in Dublin are to be given temporary housing by Dublin City Council this afternoon. Around one 180 residents had to be evacuated from the apartment complex after fears that the building did not meet fire safety regulations.
19 September 2013
21-Day Deadline Set For Priory Hall Solution
The mortgages of former residents of Priory Hall should be "wiped out" and the keys handed back to the banks, the government is to recommend. Officials from the environment office are to meet with Dublin City Council, NAMA, the Irish Banking Federation and former residents in an effort to find a "proposed resolution".
21-Day Deadline Set For Priory Hall Solution
The mortgages of former residents of Priory Hall should be "wiped out" and the keys handed back to the banks, the government is to recommend. Officials from the environment office are to meet with Dublin City Council, NAMA, the Irish Banking Federation and former residents in an effort to find a "proposed resolution".
31 October 2012
Kenny Condemns Latest Comments By Priory Hall Developer
Dublin Bay North Labour Party TD Seán Kenny has condemned the latest comments by Priory Hall developer Tom McFeely. "Mr. McFeely was quoted in today's papers doing little more than whinging about how he is 'down to his last €1,000'. I find that hard to believe given how he has been able to go to court and fight cases on such a frequent basis.
Kenny Condemns Latest Comments By Priory Hall Developer
Dublin Bay North Labour Party TD Seán Kenny has condemned the latest comments by Priory Hall developer Tom McFeely. "Mr. McFeely was quoted in today's papers doing little more than whinging about how he is 'down to his last €1,000'. I find that hard to believe given how he has been able to go to court and fight cases on such a frequent basis.
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