Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I have one final question on the 650 private dwelling homes that were deemed impacted. They are individuals who took out mortgages in the period of November 2006 to February 2008. Can Mr. Verbraeken explain to the committee why the bank has chosen those dates? I raised this over a year and a half ago with the bank. I presume it is to do with the advertisement and the leaflet that was being bandied about by all the brokers which said that customers would roll on to a tracker rate at the end of the fixed-rate period. I have numerous letters from customers of the bank who were given the same type of commitment and were aware of the flyer but who were not deemed impacted. I will give Mr. Verbraeken an example of a person who applied for the mortgage in August 2006. In January 2007, the person finalised and decided to fix the rate but were deemed by the bank not to have been impacted. It is the same commitment. I presume that is the reason the 650 homes were deemed impacted. Can Mr. Verbraeken elaborate on that?