Banks ‘helping 30,000 mortgage holders’

BANKS are working with thousands of home owners struggling to keep up with their mortgage repayments.

As many as 30,000 mortgage holders are being facilitated by the banks due to their difficulties in meeting their monthly repayments, according to the Irish Banking Federation.

Banks are working with their customers to help them though the current difficult period that has resulted in over-lending by the banks and over-borrowing by some of their clients.