Oireachtas Joint and Select Committees

Thursday, 14 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector: Permanent TSB

9:30 am

Mr. Shane O'Sullivan:

We do, and we take it seriously. As I said, up to 1,500 properties have been returned in recent weeks. Anyone who has sold their own property will know that it takes some time to fix up the property, make sure deeds are perfected and so forth. Approximately 800 or 900 properties are being actively progressed through that process and once we are sure they can be sold and that we are not wasting anyone's time, they will be made available again to the agency and to the public. We are fully cognisant of the need to sell those properties quickly.

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