Mr. Richie Boucher:

This is one of a range of solutions. Our prioritisation is to restructure and modify those mortgages that can be done more quickly. As in any of these situations we must try to make decisions on the best way we can prioritise our resources. As we make progress, in particular at moving more quickly through our system mortgages that can be readily and quickly modified and restructured, then we can spend more time on those that are much more complex, and in particular where there is engagement with third parties. The buy-to-rent scheme, for example, does involve a third party in terms of the Department of the Environment, Community and Local Government. There are certain things that are in our control. I am not seeking to apportion blame. The primary responsibility for managing our mortgage book, managing arrears and dealing with our customers is with Bank of Ireland.