Michael McGrath (Cork South Central, Fianna Fail)
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The Chairman raised the issue of mortgage to rent. It strikes me that with the best will in the world, a good number of those in Ulster Bank's 4,000 plus category of legal proceedings will end up losing their homes. There needs to be an ultimate safety net or back-up for them which could be renting privately away from their own home or, in many cases, hopefully it will be renting their own home. Has Ulster Bank concluded many, or any, mortgage to rent transactions?