Aideen Hayden (Labour) | Oireachtas source

My next question relates to receiverships on Permanent TSB's buy-to-let mortgage loan book. The number of receivers is quite low at 454. However, the bank has more than 17,000 buy-to-let mortgages that are in arrears of more than 90 days. Given the number of those on which the bank is taking legal action, the level of receiverships will increase. The committee and the Private Residential Tenancies Board, PRTB, in its most recent report recommended that tenants' rights be respected under the Residential Tenancies Act and that the Act be changed to put receivers into the shoes of landlords. Would Permanent TSB be prepared to accept this proposal?

I am running out of time. The committee has heard evidence to the effect that AIB's policy of using independent advisers to advise its customers in arrears when engaging with it has been successful. We have noted that success in our recommendations. Would Permanent TSB be willing to engage in a national scheme of this type, one funded by the banking system, to assist distressed borrowers?