Mr. Karl Deeter:

If one took a loan at 100% of the loan to value, everybody would say that it is, but I will give two examples where I bet people will disagree with that. A person in Dublin earning €50,000 a year, renting an expensive house who has two children, one of whom moves to Longford, what is wrong if he gets 100% of €40,000? What about people who come to us, such as consultants who have spent all their money on education but now they want to get a house.