Kieran O'Donnell (Fine Gael) | Oireachtas source

No, it was not. The point I made was straightforward. We are here today because the banks in certain cases are fleecing mortgage holders, many of whom are first-time buyers. My question squares the circle. How do we get a mechanism where banks do not charge a disproportionately high variable mortgage rate to boost their lack of profits in other areas yet maintain a balance in the market to attract new entrants? The common thread among us all is that we believe the banks overcharge certain mortgage holders. How can we stand over such a situation?