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Clare Builder Says Small Developers “Putting Heads On Chopping Block” As Govt Floats New Loan Scheme

A Clare Builder says small developers are currently putting their heads on the chopping block to secure finance for housing projects.

It comes as the Government is floating a new loan scheme which will allow developers to secure funds to build on residentially zoned land before planning permission is granted.

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Research by Home Building Finance Ireland has found that more than 90% of homebuilders deliver fewer than 50 homes a year.

Ciarán Breen of Ciarán Breen Construction in Ennis says there are far too many financial obstacles at present.

Listen to the full interview here:

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