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

1:15 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Mr. O’Connor said debt is written off for approximately 60% of these people, which would be approximately 900. He also said debt has been written off for between approximately 600 and 700 of the people with split mortgage proposals. I know he does not have the quantum of debt that is written off but if I were to avail of a split mortgage, on average, what type of percentage would that be, 5%, 10% or 15%?

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