Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

The committee has been trying to establish whether there is some level of consistency between the different banks under the regulation of the Central Bank. That is not to say there has to be a similarity of approach by every bank, but rather, there should be a consistency of approach. It is very noticeable that in the area of split mortgages and mortgage-to-rent arrangements Bank of Ireland is below par compared to AIB and Permanent TSB.

Ulster Bank is operating a concessionary type of mortgage, which its representatives gave as the explanation as to why the split mortgage option is not being availed of by its customers. Why is the figure for Bank of Ireland so low compared with those for AIB and Permanent TSB in respect of split mortgages?