Mortgage payment break the next Tracker scandal?


#1

So I’m wondering how many of the 1000s rumours to be availing of mortgage payment breaks for 3-6 months are aware that interest is still accumulating?

This is not a free holiday during COVID-19. It will cost you more to avail of. Had a look at BOI’s website and they make that clear but I still wodner how many will say they weren’t told…


#2

The banks are making it know but it is doubtful many are taking it in given te current circumstances. Other areas like PCP finance will be interesting to say the least


#3

Most of them won’t notice, unless a visionary like D Hall organises and champions them, but unless it goes on for a long time (>12 months) then we are talking about a couple of hundred euro per loan?