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
Kieran O'Donnell (Fine Gael) | Oireachtas source
Does such a situation allow the bank to increase the loan-to-value ratio at which it will lend? Let us say someone has a cash deposit of 10%. Does the bank factor in the rent and that cash deposit into its calculations? Will the bank push the loan-to-value rate to 92% due to the amount of rent paid?
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