Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay. Obviously, IIB Homeloans, which is where I have a loan, was the company that made the loans back at the height of the boom. IIB Homeloans wrote to all of its brokers on 7 November 2006 stating that there was fantastic news from IIB Homeloans and that all IIB Homeloans fixed rates would run onto tracker rates upon expiry, offering the brokers' clients even better value. The product features were that for loan amounts greater than €150,000 the tracker applicable would be 1.25% and for loan amounts less than €150,000 the tracker rate that would apply would be 1.40% tracker. This was in a letter from IIB Homeloans - I have the letter - to all the brokers. Is KBC Bank going to honour that?