Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland

10:30 am

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

I am going to be very explicit in the context of the question I am going to pose. I am using estimated figures but my question is very specific. Is it possible for a purchaser to buy a private dwelling by means of a 100% loan from the Bank of Ireland because a valuation that is greater than the purchase price has been attributed to the property?

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