Sub-prime lenders ‘planning to exit Irish market soon’

SUB-PRIME lenders are not interested in restructuring mortgage repayments with customers as they are planning to exit the Irish market, it has been claimed.

Sub-prime lenders ‘planning to exit Irish market soon’

The claims come ahead of preparations to launch a campaign to stop evictions and house repossessions.

David Hall of New Beginning — a group set up by lawyers to assist mortgage holders threatened with repossession of their homes — yesterday accused sub-prime lenders of refusing to accept realistic offers.

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