This is a loan to cover the full or partial repayment of any mortgage taken out to buy property that is the borrower’s main residence, or the full or partial repayment of loan charge arrears if caused by a change in economic situation (unemployment, early retirement etc.) or family situation(separation, divorce, death).
Maximum amount €40.000
Who can benefit?
Mortgage holders :
- Employees or those on early retirement from private sector (non-agricultural) companies with >10 employees, or job seekers whose previous employment was with such a company.
- Recently retired employees (less than 5 years) from a private sector (non-agricultural) company
- Owner-occupant in a co-owned, degraded property