Paul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

Another question relates to where the bank has repossessed properties. A common complaint many of us encounter is that when people see boarded-up houses they presume they are owned by the council, but often they are not owned by the council but by banks. Non-governmental organisations, NGOs, have said there is a process of repossessed houses lying empty for a period of time. Threshold told the Committee on Housing and Homelessness that there is clear evidence available that when vacant possession is obtained for sales purposes properties are left unoccupied for a considerable time. What type of turnaround would Permanent TSB have on properties of which it takes vacant possession?