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Inquiry Launched In To Imposition Of Legal Fees On To Mortgages In Arrears.

: 05/16/2019 - 10:55

The Central Bank is investigating the practice of banks adding legal fees onto the mortgages of customers in arrears.

According to the Irish Examiner, more than 60 thousand mortgage holders behind on their payments are being hit with legal fees even before their case is concluded.

The Director of the Irish Mortgage Holders Organisations says the practice shows how homeowners are paying to have their home repossessed.


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