|
|
| 07/09/2012 |
Free Financial Advice Offered For Mortgage Borrowers In Distress |
|
The Minister for Social Protection Joan Burton has announced the provision of free independent professional financial advice to borrowers in mortgage distress.
The Minister said: "I am pleased to announce that independent financial advice will be available to mortgage holders who are being offered long-term resolution proposals by their lenders. This advice will be provided by a panel of accountants drawn from members of the main accountancy institutes in Ireland who have agreed to participate and support this independent service."
- - - - - - Advertisement - - - - - - "When a lender is proposing longer-term mortgage resolutions the lender will advise the borrower to obtain independent financial advice on the proposed arrangement and that, if the borrower wishes to avail of this option, that the lender will pay €250 to an accountant of the borrower’s choosing for the provision of this advice," the Minister explained.
An operating protocol for the provision of this advice has been agreed between the accountancy bodies, the Institute of Chartered Accountants Ireland, the Association of Certified Chartered Accountants, the Institute of Certified Public Accountants and the lenders. The general scope of the advice will be limited to the borrower’s principal private residence.
(CD) |
|
|
| Top Stories |
| 21/05/2013 |
| Contracts Signed For Gorey Sewerage Scheme |
|
| 21/05/2013 |
| Upgraded Recycling Centre Officially Opens |
|
| 21/05/2013 |
| Wexford Roads To Be Resurfaced |
|
| 21/05/2013 |
| Black Economy In The Construction Sector To Be Discussed |
|
| 21/05/2013 |
| Developer Owes Over €330,000 to Dublin City Council |
|
| 21/05/2013 |
| Rural Housing Action Plan Launches |
|
| 21/05/2013 |
| Funding Allocated For Works On Meath Roads |
|
| 21/05/2013 |
| Residents Complain About Public Lighting In Housing Estates |
|
| 21/05/2013 |
| Minister To Introduce Initiatives From Rebuilding Britain Campaign |
|
| 20/05/2013 |
| County Armagh Firm Win World Cup Contract |
|
|
| Construction News Archive |
| Submit News Story |
| Editorial Staff |
|
 |