Oireachtas Joint and Select Committees
Tuesday, 21 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): KBC Bank
Ms Dara Deering:
They could be on a one-year fixed rate of 2.5%. The average loan-to-value for that population is 44% because they tend to have the older type of mortgage. As Mr. Roebben said, as a result, the financial motivations for them are fewer than for a new mortgage customer because, obviously, the new customer has a loan for a much longer period.
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