Mr. Brendan O'Connor:

In AIB, we have quite a unique buy-to-let book. Many of these properties are what I would call commercial investment. They are not with individuals who perhaps were on PAYE salaries and who may have bought buy-to-let property. MARP, etc., deals with all properties greater than 90 days in arrears. Within our buy-to-let portfolio, we would have people with ten, 20 or 30 buy-to-let properties and who are professional investors. We have buy-to-lets that are tied into SMEs and so on. We have quite a unique book on that and we have quite a lot of buy-to-let properties with these people. Those properties will get resolved as we deal with the uncoupling of non-core debt from SMEs and so on. I suspect over time that quite a few of them will be disposed of, but not via the legal process; they will consensually be disposed of as investments. I do not foresee that number going by a huge amount, but many of these are not individual buy-to-let properties, and I hope I am getting that across.