Two-thirds of homeowners in mortgage arrears are unaware of Abhaile service

Two-thirds of homeowners in mortgage arrears are unaware of a new Government service which offers access to free legal advice.

Justice Minister Frances Fitzgerald announced the results of a new survey as she launched a new national information campaign designed to raise further awareness of the Abhaile advice service.

Ms Fitzgerald said: “Today’s survey underlines a very real need. The Government is committed to ensuring that homeowners who are struggling with mortgage arrears, and are at risk of losing their homes, can access expert help and advice. That advice can relieve the stress and isolation experienced by people who are in financial distress, break financial problems down to manageable solutions, and most importantly, help people return to solvency.

“Under the new Abhaile service, homeowners can now access free advice and help from a specialist debt adviser, a personal insolvency practitioner, or a solicitor, aimed at identifying the best long-term solution for them and getting it into place.

“Today’s national information campaign is specially designed to reach those homeowners in serious mortgage arrears who are struggling alone, and to ensure that they know what help is available and are encouraged to avail of it. I would urge anyone worried about mortgage arrears on their home to contact MABS who are the Government gateway to the range of supports available.”

Since its launch in July, over 4,800 vouchers have been provided under Abhaile for free financial or legal advice and assistance on home mortgage arrears. Free help and support is also provided to unrepresented borrowers at all Circuit Court repossession court lists under Abhaile court mentor and duty solicitor services.