Monday February 17, 2020

Permanent TSB agrees solutions with 3,000 in mortgage arrears

Permanent TSB is to announce this week that it has agreed so-called sustainable solutions with more than 3,000 of its mortgage customers in arrears.

24th August, 2013
Jeremy Masding, chief executive, Permanent TSB.

Permanent TSB is to announce this week that it has agreed so-called sustainable solutions with more than 3,000 of its mortgage customers in arrears, and that it has proposed solutions to a further 2,000 indebted borrowers.

The figures mean that the bank has achieved a 60 per cent take-up of mortgage arrears resolution proposals two months after the Central Bank's first deadline requiring lenders to offer deals to 20 per cent of their arrears cases.

The bank will publish...

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