Results 3,161-3,180 of 5,587 for speaker:Kevin Humphreys

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: The bank would have those figures?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Could the bank give me the term extension figures as well?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: How did the bank deal with the outstanding debt on a number of assisted voluntary sales?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Was there a write-off of the additional values? If a house was sold at "X" and the bank was still owed "Y", did it write off part of "Y"?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Would the person who carried out the voluntary surrender or assisted voluntary sale be aware that the bank was prepared to take a write-down once the property was sold?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: That would be an incidence for people who would go down that road. They would know that it could be clear of debt after the voluntary surrender.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Could Mr. Bell share the information regarding the proportion that was written off on the voluntary sales with the committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: The opening statement welcomed the de-prioritisation of unsecured loans. How many of the bank's customers who are in arrears also had other borrowings with the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: If I was a customer of the bank and in arrears on my mortgage, the other unsecured loans were written off and I would be able to meet my mortgage repayments because of the change of circumstances, would Ulster Bank write off my unsecured loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: If I am in arrears and in addition to my mortgage owe the bank €100,000 unsecured, if the bank writes off the €100,000 and I can meet my mortgage repayments, will the bank write off the €100,000?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Many constituents I represent have unsecured loans with credit unions. The credit union loans would be written off. Are banks engaging in the same practice? Is Ulster Bank writing off unsecured loans to enable people to make their mortgage repayments and, if so, by how much?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: I am talking about the unsecured elements.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: So the bank is writing down that element?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: And it is writing it off?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: Does Mr. Bell have data on how many of the buy-to-let properties are secured against small to medium-sized businesses because many people in small businesses bought their buy-to-let properties as part of their pension fund? Did they use their business as security for that loan? Does Mr. Bell have that kind of data?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: It was highlighted last month that there would be a number of small to medium-sized businesses that would have indebtedness. The business is quite viable but the buy-to-let property is a drag on it. Does the bank have data on that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)

Kevin Humphreys: However, there is a certain crossover, which is why I asked about the buy-to-let properties.

Written Answers — Department of Finance: Property Taxation Yield (8 Apr 2014)

Kevin Humphreys: 148. To ask the Minister for Finance if he will provide in tabular form the amount of local property tax collected in each local authority in 2013 for the LPT due in that calendar year; the amount collected to date in 2014 for each local authority; the projected amount for 2014 to be collected in each local authority; and if he will make a statement on the matter. [16578/14]

Written Answers — Department of Finance: Property Taxation Yield (8 Apr 2014)

Kevin Humphreys: 149. To ask the Minister for Finance if the Revenue Commissioners have informed each local authority of the projected amount of local property tax that will be raised in their area in 2014 and 2015 respectively; and if he will make a statement on the matter. [16580/14]

Written Answers — Department of Finance: Property Taxation Administration (8 Apr 2014)

Kevin Humphreys: 150. To ask the Minister for Finance if the Revenue Commissioners have written to each local authority in the State requesting the rate they intend to charge for the local property tax in 2015 if they decide to vary the rate as per statute in their area; if he will provide a sample letter; the timeline envisioned in this process; and if he will make a statement on the matter. [16581/14]