DARRAGH O'BRIEN TD
  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement

News

Minister O’Brien extends Local Authority mortgage payment break

27/1/2021

 
              -Deadline for applying for Local Authority mortgage payment break
                                       extended to 31st March 2021-

The Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, confirmed today (27th January 2021) that the mortgage payment break already in place for local authority home loan borrowers will be extended for those continuing to face difficulties due to the COVID-19 emergency.

Local authority home loan borrowers could already avail of three payment breaks totalling up to nine months and borrowers who take up a fourth payment break will be contacted by their local authority during the payment break to assess their financial situation and discuss options if necessary.

Minister O’Brien also confirmed that he is also extending the deadline for applying for a Local Authority mortgage payment break until 31st March 2021 to provide for borrowers who may yet suffer setbacks in the coming months.

Commenting he said, “Given the continuing economic turbulence associated with COVID-19, some local authority home loan borrowers continue to face difficulties in paying their mortgage or have very real fears that they will face repayment problems in the future.

“To help people in this situation, I am extending the mortgage payment break period by another three months, allowing people a total of twelve months to get back on their feet. I am also extending the deadline for applying for a mortgage payment break until 31st March 2021 to provide for borrowers who may yet suffer setbacks in the coming months.
“I would strongly encourage any local authority home loan borrower who is seeking a further payment break to engage with their local authority as soon as possible so that their financial situation can be assessed and so they can discuss alternative payment options if necessary,” he concluded.

No additional costs to the original home loan balance arise for the borrower who avails of these measures, as borrowers are not charged interest for the period of the mortgage payment breaks.

Local Authority home loan borrowers facing difficulties due to COVID-19 are urged to contact their local authority as soon as possible to access the application. Information will be available on each local authority’s website.

Comments are closed.
    Picture

    NEWS

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    October 2015

Darragh O'Brien TD


Address

Darragh O'Brien TD
Leinster House
Kildare Street
Dublin 2

Telephone

T:  01-6183802

Email

At present, and as a result of the COVID-19 pandemic, I am not holding my regular meetings across our towns and villages in North County Dublin. However, both I and my office are happy to speak to you and assist you with any issues you may have.

For all housing, planning or heritage related queries please don’t hesitate to contact:
Email: minister@housing.gov.ie
Phone: 01-8882000
Postal address: Department of Housing, Local Government and Heritage, Custom House, Dublin 1, D01 W6X0
 
For all constituency related queries please don’t hesitate to contact:
Email: Darragh.obrien@oireachtas.ie
Phone: 01-6183802
Postal address: Dáil Éireann, Leinster House, Kildare Street, Dublin 2.
 



  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement