A total of 65,300 mortgage payment breaks were put in place, with most now back paying their monthly repayment. Some 8,800 are still on mortgage payment breaks, the representative body for lenders said. Read MoreMost of those still on mortgage a payment break got an extension to an original deal to freeze payments. The payment breaks allow for monthly repayments of capital and interest to be deferred for an agreed period of time. This will be added to the monthly repayments when payment resumes, or the term of the mortgage can be lengthened.

Source: Irish Independent November 25, 2020 12:11 UTC