Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Now we do know that Ulster Bank were giving 100% mortgages loan-to-value ratios of 100%. You had the tracker mortgage, as well, which was a part of your product mix, and your mortgage schedule, the traditional mortgage schedule would have been in and around 20 years. What was your mortgage schedule around this time? What would it have gone out to?

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