Oireachtas Joint and Select Committees
Tuesday, 6 February 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: KBC Bank
4:00 pm
Mr. Wim Verbraeken:
No. The home would be restored in a condition in which it can be lived in by the customer. The home would be offered back with the reduced mortgage loan on a tracker so they would be in a similar position as customers who lost their property outright. There is an equivalence of value that we offer to a customer where we still possess the property.
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