New database of ‘unnecessarily repossessed family homes’ due online by year’s end

A centralised online database of "unnecessarily repossessed" homes could be operational by the end of the year, leaving potential buyers with a "moral choice" over whether to purchase them.

David Hall of the Irish Mortgage Holders’ Organisation said he was currently undertaking a “clearance procedure” in relation to data protection issues so the website could go live before the end of the year.

Mr Hall made his comments ahead of the first 24-hour online auction of 22 properties, beginning on July 8.