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

2:15 pm

Mr. Brendan O'Connor:

Because buy-to-let properties are purchased as commercial investments. We would not contemplate giving a split mortgage because there is no prerogative to keep somebody in his or her home. The investor is a commercial investor and we treat him or her in the same way as any other commercial investor.

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