Trickle of bank customers avail of flood-related flexibility on loans

Trickle of bank customers avail of flood-related flexibility on loans
Parts of Ireland were badly hit by floods earlier this year Picture:Rollingnews

Banks expect demand to increase once full extent of damage is known

Only a handful of mortgage customers affected by recent flooding around the country have approached lenders seeking flexibility with their mortgage repayments.

Last month, a number of banks indicated that they would be flexible with mortgage customers affected by flooding.

However, only a small number of customers are understood to have availed of the lenders’ offers.

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