Moving houses: Banks sitting on over 1,000 vacant properties

Moving houses: Banks sitting on over 1,000 vacant properties
Photo Mark Stedman/RollingNews.ie

A decade on from the crash, banks and other financial institutions are working to get thousands of properties - surrendered or repossessed - off their books and back into the housing supply. Here’s how they’re doing

More than a decade on from the financial crash, its deep-lying effects are still evident across many facets of Irish society.

Many of the lingering remnants of the recession are intangible and hidden, but others are evident in the most tangible form of all: bricks and mortar.

According to the most recently available figures from the Central Bank, Irish banks and vulture funds had 2,552 properties on their books at the end of March –...

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