Oireachtas Joint and Select Committees
Thursday, 9 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): Ulster Bank
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
What is the process? What does Ulster Bank do when a property comes into its possession? Does it go straight onto the market or does the bank reach out to the Housing Agency? If there are tenants in the property, does the bank sell it with the tenantsin situor does the bank demand vacant possession? What is the turnaround time? The bank has 100 houses but that is a rolling number because more will be coming through and some may be sold.
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