Oireachtas Joint and Select Committees
Wednesday, 9 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB
10:20 am
Mr. Ger Mitchell:
The maximum LTV that we do is 90%. Typically, we are now seeing much higher equity stakes from applicants. Bearing in mind that a sizeable number of people have not bought in the past five years, substantial deposits have been saved up and relative to the property price, deposits are coming in with rates of 20% or 30% being the norm.
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