Michael McGrath
Question:259. Deputy Michael McGrath asked the Minister for Finance the number and value of residential mortgages held by non-bank lenders; and if he will make a statement on the matter. [13438/16]
View answerTuesday, 31 May 2016
Questions (259)
Written answers
The Central Bank has informed me that, at end-2015, the total value of residential mortgages held by the non-banks was €8.6 billion, numbering 47,402 mortgage accounts for Principal Dwelling House and Buy to Let combined.
Further details are available on the Central Bank's website.
As I have previously said, the sale of a loan from one entity to another does not change the terms of the contract or the borrower's rights and obligations under the original contract.