Aideen Hayden (Labour)
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There may be a Seanad vote shortly so I am not sure I will have the opportunity to use all my time. Perhaps the Chairman will indulge me when I return afterwards. A colleague raised the issue of how the bank treats mortgage customers in positive equity. This arises consistently among this group because day in, day out we deal personally with people in mortgage arrears. Without any disrespect to Permanent TSB, there is a serious suggestion the bank is milking a cash cow. I am seeing marital breakdown situations where properties are in positive equity and the suite of options being offered is extremely limited to the point where people are being pushed into voluntary surrender.

According to the statistics in the document Permanent TSB provided, there were 1,121 assisted voluntary sales in quarter one of 2014. How many of those assisted voluntary sales related to borrowers in positive equity?