Aideen Hayden (Labour) | Oireachtas source

I have not seen that in my experience. That is all I can say on that point.

I wish to make a final point about receivers. I can forward a submission to the witnesses about the point I wish to make. I understand that approximately 1,250 receivers have been appointed to buy-to-let properties under deeds of mortgage, with at least 800 of them appointed by Bank of Ireland. There is deep unhappiness about the actions of receivers in the buy-to-let market. From personal experience I know that tenants have been evicted, repairs have not been done and tenants have been left in total uncertainty. There was an attempt by the Irish Banking Federation to produce a document setting out the duties of receivers and the duties of tenants but the situation is hopelessly inadequate. It must be remembered that 20% of the Irish population, which is one in five people in this country, live in rented properties. Will the witnesses accept that something must be done to set up an equivalent to the code of conduct on mortgage arrears for buy-to-let properties that takes into account that tenants are a fundamental and important part of this process and that receivers must step into the shoes of landlords in every sense? That includes repairs. One cannot take the money without doing the job.