Written answers

Tuesday, 12 February 2019

Department of Finance

Mortgage Repayments

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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185. To ask the Minister for Finance if his attention has been drawn to an issue following the completion of the Project Glas sale with mortgage payments not being processed by a company (details supplied); and if he will make a statement on the matter. [7034/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I can confirm that the matter as described had not been drawn to my attention, prior to the Deputy's question.

Officials in the Department referred the matter to PTSB and received the following answer:

"The migration of the relevant mortgages between the two platforms is now completing, resulting in some short and once-off administrative delays in the processing of payments happening just before/after the migration completed. All such payments are currently being applied to the relevant accounts as having been made on the date on which they were initiated and there will be no detriment to customers."

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