Seanad debates

Tuesday, 15 May 2012

Mortgage Arrears: Statements, Questions and Answers


5:00 pm

Photo of Tom ShehanTom Shehan (Fine Gael)

The Minister of State has alluded to the fact that the banks have not been playing their part to date. I wish to put some anecdotal evidence before the House. A person contacted me 20 minutes ago. Six weeks ago the person had a meeting with the bank and got the Margaret Thatcher approach of "No, no, no". The person received a letter today asking to put the proposal in writing to the bank which would then evaluate it. That shows a change of mentality and approach by the banks in the past six weeks.


No comments

Log in or join to post a public comment.