Doing the splits can lessen mortgage burden
Split mortgages represent a viable solution for those who are struggling under the weight of their debt, writes David Hall.
Last week, details of AIB's new split mortgage emerged. This new product is available to all customers who have their family home mortgage with AIB, EBS or Haven.
In a time of many different groups preaching aspirational solutions without precedent, evidence, track record or a guarantee of success, split mortgages - irrespective of one liking them - are a solution for people in mortgage difficulties.
Not all lenders offer a split mortgage product. ...