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Home for Life scheme could help those in mortgage arrears

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Home for Life - the state-backed mortgage to rent finance scheme - has the potential to help a number of the 578 cases in Mayo reported to have over 720 days of mortgage arrears, according to the company's CEO. At the Housing Strategic Policy Committee of Mayo County Council this week, Home for Life's chief executive officer, Paul Cunningham, suggested that these arrears cases, which the Central Bank's Long-Term Mortgage Arrears in Ireland Report note as being 'in serious mortgage arrears', could be helped by the scheme.

 

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