Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Deputy Durkan's first question related to whether the mortgage could be extended for a number of months. My understanding is that some banks have an issue since this could require the issue of a new mortgage contract. That is why this is something not all banks have been able to do. However, as I said in an exchange earlier, I am aware of issues that have developed since the initial statement was made. My officials have been working on this and we will see if there are new ways in which the issue that Deputy Durkan is raising could be addressed. However, I am keen to emphasise that over 40,000 citizens are now availing of the mortgage break. That shows the value of it. I know that staff in our banks are working hard to respond to applications quickly and to give people clarity on where they stand.

Deputy Durkan's second question was on whether financial statements should issue across this period. I reckon there is a case for why they should issue. Citizens should always be aware of where their financial affairs are, especially at a time in which their income might be reducing or when they could be in financial difficulty. However, I will take on board the point Deputy Durkan has made. I will be engaging with the banks further. I am sure the Deputy's idea has merit and I will see if there is a way in which it can be usefully used.

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