Oireachtas Joint and Select Committees
Thursday, 1 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Ulster Bank
9:00 am
Mr. Paul Stanley:
We are now looking at buy-to-lets. That is the figure for PDHs, as the Deputy rightly says. A property already designated as a buy-to-let may now be a PDH in a loss of ownership circumstance. That is the only caveat I would put on that. We have gone through the PDH portfolio as we have designated it and those are the cases we have arrived at.
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