Mr. Barry O'Leary:

Yes. We would be happy to support that. Mr. Jordan is right in saying that the figure of 2,500 might be challenging but we would be confident that we could do that and we would be happy to fund the mortgage that might emerge out of that. That would be a good thing.

On the observations on construction inflation, for existing applications we are seeing that some of them are coming back and looking for uptakes of about 10%. In a seriously unscientific sample, in our opening statements we list what we have approved for loans for the past five years and if you look at 2019, 2020 and 2021 the average approval we were making for each unit in 2019 was €210,000. It went to €223,000 the following year and it is up to €240,000 now. Three years ago there were more turnkeys, which skew the figures and there might be more construction now, but we are seeing somewhere between 6% and 7% coming along in that. The construction stuff that is coming into us is in the region of approximately 10%, which is all we would say on those two questions the Deputy asked of us.