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:
I can. Members have the figure we have just spoken about in the annexe I sent back to the committee. The average compensation amount for a PDH is approximately €3,000. For buy-to-let it is a little lower - €2,000. However, I very much caution the Senator that we have not completed the process. In effect, that figure is only for the 1,200 customers I spoke about earlier. That is too small a group to say that is the overall figure. As I said, we need to get to the overall amount out of the €211 million that is applicable to customers, so I-----
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