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There is further pressure on banks to play a major role in the enhanced defective block scheme. Despite the new scheme claiming to provide 100% redress there’s concern that homeowners will still have to foot some of the bill for repair and rebuild costs. Banks are being urged to fill…

A member of the Mica Action Group says the recently published ‘Construction Costs for the Defective Concrete Blocks Grant Scheme’ is to be, overall, welcomed. Society of Chartered Surveyors Ireland has recommended, based on material costs this year, an average rebuild cost of between €145 to €167 per square foot…