Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Ulster Bank

3:30 pm

Mr. Jim Brown:

In many cases, by getting a rent receiver to manage the property that is invariably a better outcome because in many cases, we have found when we have put a rent receiver in, there are issues around the maintenance of the property and generally when one puts in place professional management those sorts of issues can be addressed and there can be a better outcome for the tenant.