We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Sam Boal/

Free financial and legal aid now available for people at risk of losing their homes

The mortgage-holder must be in arrears and insolvent to qualify.

FREE FINANCIAL AND legal advice is now available for people who are at risk of losing their homes.

Some 35,000 homeowners are currently in arrears over two years. The service is being put in place for three years and is expected to cost up to €15 million.

The mortgage arrears resolution service, Abhaile, was launched today by the Tánaiste Frances Fitzgerald and the Minister for Social Protection, Leo Varadkar.

It’s hoped the service will allow more people to find a permanent solution and that it will offer help without delay.

Angela Black, Chief Executive of the Citizens Information Board (CIB) welcomed the service saying it will bring “much needed hope and support to stressed borrowers who are at risk of losing their homes”.

All applications for the aid will go through the Money Advice and Budgeting Service (MABS). An extra 26 dedicated mortgage arrears (DMA) advisors will provide people with the free voucher for the professional service they need.

The voucher scheme has been in place since July and 1,340 borrowers have been helped so far.

Black added, “I would encourage anyone worried about their mortgage arrears to contact MABS who have offices nationwide, or call the MABS Helpline on 0761 07 2000 Monday – Friday 9am-8pm. The service is free, confidential and independent.”

The scheme provides five different fixed packages of professional financial or legal advice. These are the PIP Service, the Accountant Service, the Consultation Solicitor Service, the Duty Solicitor Service and the Personal Insolvency Court Review Service. MABS can refer a borrower to one or more of these services, depending on their needs.

Read: The Central Bank’s mortgage rules were keeping a lid on Dublin’s house prices….not any more>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.