Oireachtas Joint and Select Committees

Tuesday, 9 April 2019

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

Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB

Mr. Shane O'Sullivan:

This is something we have considered in the past. Split mortgages were an advantageous solution for people who were in deep arrears. The rules have changed and there is a lot of difficulty with deep restructures such as split mortgages, meaning they are far less advantageous. This is why fewer splits are being offered than in the past.

Comments

No comments

Log in or join to post a public comment.