Trickle of bank customers avail of flood-related flexibility on loans
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.
For example, AIB announced in December that it would provide a range of mortgage support to customers ...