Oireachtas Joint and Select Committees
Wednesday, 4 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with Ulster Bank
2:45 pm
Mr. Jim Brown:
The performance of our tracker mortgages versus our variable rate mortgages is exactly the same and the percentage that are in arrears, regardless of whether they are on the higher rate or the lower rate, are the same. In terms of the mix of the portfolio, just over 70% of our portfolio is tracker mortgages, but the performance in terms of arrears is exactly the same.
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