If you find yourself having difficulty with mortgage repayments, there are a number of sources of advice and help available to you.
Keepingyourhome.ie is provided by the Citizens Information Board and the Money Advice and Budgeting Service (MABS). Keepingyourhome.ie aims to provide comprehensive information on the services and entitlements available if you are having difficulties paying your rent or making your mortgage repayments. Keepingyourhome.ie is based on content from www.citizensinformation.ie and www.mabs.ie.
Code of Conduct on Mortgage Arrears
The Central Bank of Ireland issued a new Code of Conduct on Mortgage Arrears (the Code) that took effect on 1 January 2011. As well as covering mortgages in arrears, the new Code now covers mortgages that are not yet in arrears but where there is some difficulty in paying the full mortgage. These are called pre-arrears cases.
MABS Guide to the Code of Conduct on Mortgage Arrears.
To support you in this process, MABS has put together this booklet to help you to understand your rights under the Code, and to assist you to complete the SFS to help you reach an affordable and sustainable payment arrangement with your lender.
The full Code is available at the Central Bank’s website (www.centralbank.ie),
or you can call your lender and ask them to send you a copy.