Mr. Jim Brown:

As we stated, notwithstanding the position in which individuals find themselves, there is a cost to living in a home. If one takes an average mortgage of €170,000, in the case of a customer who is offered an interest-only period at an interest rate of 2%, the monthly cost of his or her mortgage will be €300 per month. It is impossible to rent anything in Dublin for €300 per month, whereas we can put in place a solution that keeps a customer in his or her home, provided there is co-operation and engagement.