Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Ulster Bank

2:00 pm

Photo of Tom BarryTom Barry (Cork East, Fine Gael) | Oireachtas source

A split mortgage would allow people to stay in their home and, at a later date, either sell the property or pass it on to someone who would then have a small mortgage on it. This option removes the fear element. While I appreciate that every case is different, I am not a fan of the concept Mr. Bell outlined.

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