Mr. Ciarán Coyle:

That is correct. The online portal works on the basis of the initial valuation we have of the property. It corresponds with the value in the house price index we take from the Central Statistics Office and it applies the LTV based on that. If, however, a customer believes his LTV band is better than that derived from the index, he can get a valuation done. If it proves to be correct, we will apply the correct LTV band.