Survey to be commissioned on difficulties faced by people selling homes with MICA

The science has moved on, but the property market has yet to catch up.

That was the sentiment following a recent meeting of homeowners, where concerns were raised that banks and insurance companies are still requesting MICA reports from those attempting to sell their homes, despite the introduction of a new standard for assessing defective concrete.

The IS 465 standard identifies Internal Sulphate Attack as the cause of defective concrete, rather than MICA alone.

However, homeowners say reports highlighting the presence of MICA in properties continue to create difficulties for those trying to bring their homes to the market.

Seamus Devenney is a member of the Banking Insurance Redress Focus Group.

He says a poll conducted by the group has found that many people in Donegal are worried about entering the property market, and this must be addressed……

Advertisement
Advertisement
Advertisement
Advertisement