FlexiGroup plans to finance log cabins: Loans up to €30k for affordable homes

Andrew Abercrombie: ‘He is very passionate about the Irish business’ Picture: Tracey Nearmy

FlexiGroup Ireland - a subsidiary of the Australian consumer financial services group FlexiGroup, founded by one of that nation’s richest men, Andrew Abercrombie - is planning to finance Irish consumers who would like to escape the housing crisis by living in log cabins.

PJ Byrne, chief executive of FlexiGroup Ireland, said: “We have begun financing log cabins with loans of up to €30,000. People can’t get a mortgage so this provides a solution ...