Calls for credit scheme for builders as home deliveries plateau

It comes as the European Central Bank (ECB) is due to meet again on Thursday where another interest rate cut is expected to be announced which could also have the effect of further pushing up house prices

Chief executive of the BPFI, Brian Hayes, said: 'The completion date for qualifying units using these waivers is the end of 2026, so it is unclear as to what proportion of these commencements will be completed in 2025'

The Banking and Payments Federation, Ireland (BPFI) has called for the introduction of a credit guarantee scheme for smaller residential construction companies as housing completions slow, putting increased pressure on prices.

This comes as the European Central Bank (ECB) is due to meet again on Thursday where another interest rate cut is expected to be announced which could also have the effect of further pushing up house prices.