Written answers

Tuesday, 11 May 2021

Department of Finance

National Asset Management Agency

Photo of Neale RichmondNeale Richmond (Dublin Rathdown, Fine Gael)
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244. To ask the Minister for Finance the options available for those that purchased property from NAMA which is no longer fit for purpose; if there are avenues for engagement with NAMA open for these property owners; and if he will make a statement on the matter. [24488/21]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy may be aware, NAMA does not typically own or sell properties. Rather, NAMA owns loans for which the properties act as security. The properties securing NAMA’s loans are owned and managed by their registered owners, or appointed receivers if enforced.

I am advised that the sale of secured properties is wholly managed by NAMA’s debtors or receivers and it is these parties, and their appointed agents, who are the primary points of contact for any potential issues relating to the properties.

I wish to advise the Deputy that NAMA does operate a dedicated email address for members of the public to contact NAMA directly: info@nama.ie. In this instance, I am advised that NAMA has requested the relevant receiver to respond directly to the particular matter raised by your constituent.

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