Oireachtas Joint and Select Committees

Tuesday, 17 May 2016

Committee on Housing and Homelessness

Free Legal Advice Centres

10:30 am

Mr. Paul Joyce:

That happens in several instances but it appears from the Central Bank figures that there are 6,000 rent receiver cases in place. The receiver is presumably appointed in order to take control of the rent. It assumes that if there is a rent receiver a rent is being paid. It is also the case that some properties are being vacated in order to be sold. Many of those will be in negative equity. That is perhaps also one of the reasons there are several possession orders that have not been executed. They appear to be the figures: just short of 6,000 rent receivers but 1,500 properties repossessed that are buy-to-let mortgages in the past three years.

Comments

No comments

Log in or join to post a public comment.