Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I am trying to get clarification about something that worries me.

If someone ends up in a predicament where a loan book is sold on and the agency does not want to involve itself in new loans, in terms of the variable rate it can apply to that chunk of properties, and if they buy something that has a good loan to value, LTV, ratio and a proven record, in other words, the good stuff in the books, it can start yanking up the variable rates and conceivably go beyond what would be the mean in the market and the person who will be hit is the consumer. Is there anything in this to prevent that from happening?