Oireachtas Joint and Select Committees
Tuesday, 8 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Ulster Bank
2:40 pm
Mr. Stephen Bell:
A number of valuations are required by the various parties to establish the price at which it will happen. There are several parties involved with the discussions. It is often a complicated process and we do not want to pressurise customers into making profound decisions when they are under pressure for time. It can be quite a drawn out process with a number of agencies involved, but we are not closed to the idea.