Eugene Murphy (Roscommon-Galway, Fianna Fail) | Oireachtas source

That is interesting. I welcome the Minister's clarification of the issue. The young man in question bought his house in 2009 and was made redundant some time later. He subsequently regained employment and began to deal with the mortgage arrears on his account. He has been paying his full mortgage as well as extra to deal with the arrears since 2014, but tax relief at source was withdrawn from the account while he was making minimum payments.

He has been paying his mortgage in full, plus an additional amount to deal with the arrears. The EBS has refused to reapply mortgage interest relief to his mortgage, which would help him to get out of the current situation and to pay his arrears more quickly. What are the regulations regarding the application in this matter, and mortgage accounts in general? The Minister probably knows more about this issue than I do. In my view it is clear that the bank has deceived this man in a major way.

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