Oireachtas Joint and Select Committees

Thursday, 14 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector: Permanent TSB

9:30 am

Mr. Stephen Groarke:

No. We will do higher. The Central Bank's rules allow us to go to 80% for second-time buyers and 90% for first-time buyers. We will go to those levels. For first-time buyers our average is about 80% of loan-to-value, LTV. It is important that we try to support all of the segments so there is a range of risk that we take.

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