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

1:55 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

On the mortgage to rent solution, AIB states it has offered 300 of them. Are people looking for a mortgage to rent solution, particularly those who are unemployed or on low incomes and so on? What is the level of interest in this solution? It seems it is the best last resort option for many of those on low incomes who do not know when they might get back into employment. Also, could AIB be a little more specific about the hold-up and what can be done about it? It seems to be stating the issue is very complicated and that this is what is slowing it up. What are the complications and what can we or the Government do to eliminate them in order that this becomes a more workable option?

Comments

No comments

Log in or join to post a public comment.