Common sense has no place in NAMAland

NAMA has become a behemoth veiled in a cloud of legal and political jargon. David O’Mahony reveals how lives are being put on hold by the agency’s red tape

MY wife and I have been trying to buy a house since March. That’s when we signed the contracts, having been fortunate enough to be cleared for a mortgage.

The house, part of the last phase of a large estate in Glanmire, Co Cork, was due to be completed on June 30. But then NAMA came into play and we were left in limbo.