Paddy Burke (Fine Gael) | Oireachtas source

I welcome the witnesses. I wish Ms Howard well in her new job. It is important that we have a strong banking sector in the country. I have two brief questions. The witnesses said their two-year and four-year fixed rates are the lowest in the country and that they have a new portal that will help to change mortgages from two to four or whatever. That is welcome. They also say that they are looking at legal fees, life assurance, life insurance and house insurance, and making contributions to them for customers. Do the witnesses look at how much property tax would be when a client comes in? Do the Revenue Commissioners contact the bank about the valuation of a house? Is there communication between banks and the Revenue Commissioners? Do they go into any detail about, and make provision for, property tax when the client takes out the mortgage? It is quite significant in some cases.