Oireachtas Joint and Select Committees

Thursday, 5 July 2018

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

Banking Sector in Ireland (Resumed): Bank of Ireland

9:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

There have been huge changes in employment practices such as five-year contracts, career breaks and so on. As a house will last more than 20 or 30 years, having a 40 or 50-year mortgage would be a good idea. I am delighted that the bank may introduce a 35-year mortgage.

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