Oireachtas Joint and Select Committees

Wednesday, 22 October 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functions: National Asset Management Agency

5:30 pm

Photo of Sean BarrettSean Barrett (Independent)
Link to this: Individually | In context | Oireachtas source

This matter has been of serious concern to Members of the Seanad, namely, that the person who is defaulting is the owner of the buy-to-let property and why should the tenant be at risk at all if the tenant is compliant with the rental agreement? What is bought is a stream of rents - one does not buy the right to vacant possession.