Mr. Ed Sibley:

Our work is on different layers. We get information from the banks and the non-banks on their loan books and the restructures that are in place on a quarterly basis. As Ms Rowland mentioned, there is a marginal tendency for more arrears capitalisation in the non-banks than in the banks. It is relatively marginal. They are split mortgages in the non-banks and there are also other solutions.

As well as that quarterly cut, deeper analysis is undertaken both from a data perspective and also through on-site work. As we did last year and will do into the future, that on-site activity is supported by high-quality data analytics in banks and non-banks.