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

1:25 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

I may not have explained myself correctly. I am referring to where both parties have agreed to this. The examples I have are of cases where both parties have separated, the partnership has broken down, one partner is still living in the home, the loan is performing in that the mortgage repayments are being made, one of the parties has entered another relationship and wants to move on, but they cannot come off the deed because the bank on assessing the mortgage will not allow it on the basis of affordabilty.

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