Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

1:25 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

I represent a Dublin constituency and the biggest problem is affordability because rents are increasing at quite a pace. The delegates gave figures to Deputy Pearse Doherty earlier in this respect. In respect of the number of buy-to-let properties that the bank is putting into receivership to regain funds, has the bank put in place a code of practice on how the tenant in the buy-to-let property will be dealt with in that case, or in the case of a voluntary or forced sale? Is there a code of practice on how the tenant who has been paying his or her rent will be treated?

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