On Air Now East Coast FM Midnight - 2:00am Email
Now Playing BUONA SERA LOUIS PRIMA Download

Banks To Provide 3 Month Mortgage Break For Those Hit By Covid 19

Homeowners who are financially hit by COVID-19 will be able to avail of a three month mortgage break.

The Chief Executive's of Ireland's five largest banks met with the Finance Minister this afternoon to agree a series of measures.

Landlords whose tenants are impacted financially may also qualify for a break from repayments.

Contactless payments are to increase from thirty to fifty euro to help people avoid cash.

Stamp duty on credit cards will be suspended until July 1st.

Normally Revenue collects the 30 euro stamp duty on April 1st.

People with credit cards don't need to take any action as the collection date will change automatically.

More from East Coast FM Wicklow News

Later...

Co Wicklow Weather

  • Bray

    Light rain shower

    High: 11°C | Low: 3°C

  • Wicklow

    Heavy rain shower

    High: 11°C | Low: 4°C

  • Arklow

    Light rain shower

    High: 11°C | Low: 3°C

  • Blessington

    Light rain

    High: 11°C | Low: 2°C

  • Baltinglass

    Heavy rain shower

    High: 10°C | Low: 3°C

Listen Live Listen