Paschal Donohoe (Dublin Central, Fine Gael)

The Deputy asked me about those affected. I can give him the information that is available to me this evening, which is that the interest rate for 92% of mortgages held by lending non-banks is 5% or lower. The interest rate for 68% of mortgages held by non-lending non-banks is 5% or lower. While only 68% of mortgages are at 5% or lower, this is an improvement from where we were at the end of 2023. The consumer protection code applies to those affected.

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