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

Mr. Richie Boucher:

In the context of the Chairman's specific example, and notwithstanding the fact that there might be a valuation of €220,000, if the purchase price is €200,000, then the maximum we will lend is 90% of that amount.

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