Written answers
Tuesday, 19 June 2012
Department of Finance
Mortgage Resolution Processes
8:00 pm
Terence Flanagan (Dublin North East, Fine Gael)
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Question 189: To ask the Minister for Finance if he will deal with the following matter regarding mortgage rates in respect of a person (details supplied) in Dublin 13; and if he will make a statement on the matter. [28994/12]
Michael Noonan (Limerick City, Fine Gael)
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Lending institutions are independent commercial entities and, as such, it is a commercial decision for each lender to decide what loans they will provide or agree to have switched to them. I have no power to insist that another lending institution accept a transfer of a mortgage from EBS.
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