Oireachtas Joint and Select Committees
Thursday, 6 December 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Sale of Permanent TSB Mortgage Loans: Discussion
2:00 pm
Gerry Horkan (Fianna Fail) | Oireachtas source
What is likely to happen then? This is a question for Pepper because Permanent TSB will not be involved at that stage. What is the likely suite of options for those whose arrangement is coming to an end, with a significant lump sum still outstanding? It is quite likely that a lot of people will not have that lump sum. Will the loan be restructured again? Will the loan be re-examined or will the company just repossess the house if the lump sum is not paid? What is the likely outcome at the end?
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