Michael Creed (Cork North West, Fine Gael) | Oireachtas source

It is welcome that Ulster Bank is looking at the figure of 80% because there are many people who are under as much and perhaps more pressure than those who have reached the point where they acknowledge that they cannot pay any longer. There are those who, for some reason, continue to pay enormous amounts of their disposable incomes. Is Ulster Bank stress-testing them on the basis of a profile of their category of employment and level of income? In the solutions it puts in place does it use the criteria it now applies in respect of mortgage approvals? What level of disposable income does the bank consider it appropriate to take?