Oireachtas Joint and Select Committees

Thursday, 20 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Discussion

See the whole debate « Previous speaker Next speaker »

10:00 am

Mr. Brendan Burgess:

Absolutely. As far as I know, no bank will take on a new customer from another bank if the customer owes more than 80% of the value of the house.

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