Mr. Shane O'Sullivan:

I will explain. We took up to 700 accounts out of the sale that we felt could qualify for mortgage-to-rent. Not only have we worked with iCare Housing, we have also worked with Home4Life and the approved housing bodies, AHBs. Currently, 300 of those 700 accounts are being progressed through the mortgage-to-rent scheme, either through the AHBs, iCare Housing or Home4Life. That is the first point.

The second point is in regard to the courts, which was raised earlier by a Deputy. In terms of what we have all been attempting to work through over the past ten years, approximately one in five mortgages has been arrears but fewer than one in 300 homes have been repossessed through the courts. It is a cliché that it is the last resort. We do not rush quickly to the courts. I have sat in many courts and watched many cases play out. The court system will give the borrower every chance it can until it can give no more chances. That is-----