Priory Hall residents agree deal
The former residents of Priory Hall have agreed to deal which will see their mortgages written-off.
They met the Taoiseach this evening to finalise the agreement - which will see the apartments transferred to Dublin City Council - with residents given pre-approval to buy a new house.
Holders of buy-to-let mortgages will be given the option of a moratorium on the mortgage while Priory Hall is redeveloped.
Enda Kenny says the residents are " victims of one of the worst excesses of the Celtic Tiger era, and the solution recognises the exceptional circumstances they find themselves in."
Former resident Stephanie Meehan said the deal will allow the residents to move on with their lives.
"He has just assured me that myself and my two children will have a safe home to live in … which is what ... all of the residents have wanted from the very beginning," she said
"From today, we can start to move forward with our lives."
