Dáil Éireann Debate, Tuesday - 20 February 2018
134. Deputy Jackie Cahill asked the Minister for Finance the number of residential properties owned by a bank (details supplied); if an audit will be carried out by his Department regarding same; the plans the bank has to place those properties on the market to help ease the housing shortage; and if he will make a statement on the matter. [8068/18]
View answerPTSB has around 1,800 properties in possession of which around 800 are tenanted, buy to let properties returned through the voluntary surrender scheme with rental tenants in situ. It is the Bank’s intention, where possible, to sell tenanted properties with tenants in situ. The bank has met with representatives from the Housing Agency and are in the process of identifying suitable properties based on criteria provided by the Housing Agency. The bank will continue to sell properties through private treaty, to sell through auctions and to liaise with the Housing Agency with regard to property sales directly to them.
