Banks in u-turn on Hall’s mortgage scheme
The decision by Bank of Ireland to consider working with Hall’s iCare is a significant change for the bank
Bank of Ireland, KBC Bank and Ulster Bank have held talks about joining the mortgage-to-rent scheme backed by debt advocate David Hall in a bid to cleanse their balance sheets of home loan arrears.
The decision by Bank of Ireland to consider working with Hall’s iCare is a significant change for it as one of the key terms for the scheme is that the banks agree to a write off of residual debt for struggling...
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