The ‘big 5’ banks (AIB, Bank of Ireland, Ulster Bank, PTSB and KCB) have agreed to introduce a three-month ‘payment holiday’ for those mortgage holders affected by the Covid-19 crisis
Interest will still accrue for the payments due, however, and banks stressed that the monies will need to be duly paid at a later date.
Consult with your bank for more details about how to avail of the payment holiday.
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