New measures needed to deal with ‘complex’ cases of separated borrowers

Banking lobbyists have called for the introduction of new legislation to ease the plight of separated borrowers who are in mortgage arrears.

New measures needed to deal with ‘complex’ cases of separated borrowers

Banking lobbyists have called for the introduction of new legislation to ease the plight of separated borrowers who are in mortgage arrears.

It is estimated that one in 10 cases of mortgage arrears involves borrowers who have separated.

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