Dáil Éireann Debate, Wednesday - 18 December 2013
62. Deputy Michael McGrath asked the Minister for Finance the number of completed transactions under the National Asset Management Agency's deferred purchase scheme; and if he will make a statement on the matter. [54549/13]
View answerI am advised by NAMA that its debtors and receivers have, to date, sold a combined 204 houses, with a value in excess of €40m, under the 80/20 Deferred Payment Initiative. This Initiative was introduced by NAMA in May 2012 in response to concerns amongst certain categories of buyers, at that time, about possible future declines in housing values.
