170 Deputy Michael McGrath asked the Minister for Finance his views on requesting the six covered banking institutions to adopt a lenient approach to mortgage customers who signed up to fixed rate mortgages and who are not in a position to avail of the reduction in interest rates; and his further views on requesting these institutions to allow such customers to revert to variable mortgages without excessive penalties being imposed. [10918/09]

Summary

170 Deputy Michael McGrath asked the Minister for Finance his views on requesting the six covered banking institutions to adopt a lenient approach to mortgage customers who signed up to fixed rate mortgages and who are not in a position to avail of the reduction in interest rates; and his further views on requesting these institutions to allow such customers to revert to variable mortgages without excessive penalties being imposed. [10918/09]

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• Financial Institutions Support Scheme.

  xml · EN · 24 March 2009

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