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Coronavirus

Half Of People On Mortgage Payment Breaks May Not Be Able To Start Re-Paying Their Loan In October

Rebecca Noonan
Rebecca Noonan

03:41 11 Jul 2020


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Almost 62,500 households affected by the Covid pandemic have taken payment holidays

Irish lenders extended an initial three-month mortgage break to six months until the end of September.

However mortgage broker and debt adviser Michael Dowling estimates up to 50 per cent won't be able to restart their repayments:

Half Of People On Mortgage Payment Breaks May Not Be Able To Start Re-Paying Their Loan In October

00:00:00 / 00:00:00

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