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Ireland · Question · written

PQ 16

16. Deputy John McGuinness asked the Minister for Finance his views on whether a deal to remove loss making tracker mortgages from the balance sheets of covered banks would reduce the risk of those banks increasing standard variable rate mortgages, in view of the impact such increases have on customers who are unable to switch their mortgage to more competitive providers; and if he will make a statement on the matter. [42309/12]

askedIreland· Dáil Éireann· EN

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4 October 2012

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4 October 2012

Summary

16. Deputy John McGuinness asked the Minister for Finance his views on whether a deal to remove loss making tracker mortgages from the balance sheets of covered banks would reduce the risk of those banks increasing standard variable rate mortgages, in view of the impact such increases have on customers who are unable to switch their mortgage to more competitive providers; and if he will make a statement on the matter. [42309/12]

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Mortgage Interest Rates

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