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

4:30 pm

Mr. Stephen Bell:

We do not have fixed criteria because it is all based on affordability. In the first quarter of this year we agreed 26 split mortgages, which is not a huge number but it is a start.