Seanad debates
Tuesday, 15 May 2012
Mortgage Arrears: Statements, Questions and Answers
5:00 pm
Tom 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.
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