Mr. Eamonn Crowley:

We do not actually control those properties today. It is the landlords, the people who borrowed money on those properties, who control them. To give an example, we have offered a voluntary surrender campaign to buy-to-let customers. Through that campaign we gathered 1,300 properties in three months, two thirds of which remain tenanted. Indeed we intend that they should remain tenanted, and we will sell them back into the market to new landlords or new owners who want to occupy them. Today, we cannot control who rents those properties or how they rent them. We just manage the loan that is associated with those properties. A buyer is buying the loan from the landlord and can therefore interact with that landlord in a different way to us. Indeed, a landlord may find a better solution with a fund than they can find with us at this moment.