At the end of 2017, approximately one in six (c.118,000) of all PDH loans in existence had had some form of restructure. 87% of these loans were meeting the terms of this restructure, and 79% of them are no longer in arrears20. Repayment probabilities of modified mortgages increase where permanent or longer-term, more sustainable modifications (i.e.
Even the core [inflation] numbers are high. But what must be seen is [inflation] in relation to month-on-month (m-o-m) changes. Unless there are new shocks, we are already moving toward an inflation path of below 4.0 percent by October or November [2023]. A very pleasant morning to all of you.