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Coronavirus

Banking and Payments Federation of Ireland says mortgage approvals can be put on hold

Rebecca Noonan
Rebecca Noonan

06:16 16 Apr 2020


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Mortgage approvals can be be put on hold for a period of time, if customers circumstances have changed due to the Covid 19 pandemic.

That's the message from the head of the Banking and Payments Federation of Ireland.

It's after some customers claimed they are losing out on their approvals since the crisis began.

Chief Executive of the BPFI, Brian Hayes says there are options open to those whose income has fallen because of the pandemic:

Banking and Payments Federation of Ireland says mortgage approvals can be put on hold

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