Mr. Maurice Crowley:

I am not even sure they do receive the refusal level data as that is done bank by bank and I am not even sure they are published. We took €280,000 as the typical price in Dublin and looked at the level of deposit a buyer would have to have and there is clearly a challenge in having a deposit of that amount. Other than that, for the bank, it comes back to the affordability discussion we have had and ability to pay. That is where the bank starts. If one looks at the two types of cap, the loan-to-value cap and the loan-to-income cap, it is the loan-to-income cap on which the banks focus the most.