Oireachtas Joint and Select Committees

Tuesday, 10 July 2018

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

Matters Relating to the Banking Sector: KBC Bank

2:00 pm

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

A lot of work now is contract work, for five years or whatever. How does the bank view a person who has a contract for five years if they apply for a mortgage? They may be out of work in five years. Is that taken into account when the bank assesses a person's suitability for a mortgage?

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