Oireachtas Joint and Select Committees

Wednesday, 9 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Permanent TSB and AIB

11:10 am

Mr. Shane O'Sullivan:

As there was not a line for "at the interest rate", that figure includes interest only. In our buy-to-let portfolio we have used interest-only payments in a great number of cases since we started to work through our debt resolution programme. In many of those cases, people have been able to get back on track.