Written answers
Tuesday, 16 November 2010
Department of Finance
Banking Sector Regulation
9:00 am
Tom Sheahan (Kerry South, Fine Gael)
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Question 131: To ask the Minister for Finance if he will instruct the banks to make available a public database of all repossessed homes to all interested parties who wish to purchase a primary residence; and if he will make a statement on the matter. [42532/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Historically, repossessions in Ireland have been low and this continues to be the case. Recent statistics from the Central Bank show that all financial institutions operating in Ireland hold a relatively small number of repossessed houses. The Deputy will appreciate that disposal of repossessed houses is a commercial decision for the institution concerned.
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