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

2:50 pm

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael)
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I wish to focus on the 136 people who have been subject to repossessions in the past 12 months. Were all of these family homes? Based on the conversations we have had up to now the bank representatives have suggested that it will only move legally on a person who has not engaged or made any payments towards the mortgage for a period in excess of two years. Does that apply to each of those 136 people? On that basis, can I assume all of those people did not receive an offer of some form from Ulster Bank?