Thursday 25 May 2017

Helping with the mortgage

IT is an ominous sign that there has been such a huge leap in the number of households requiring state aid to help them meet the interest on their mortgages.

New figures show there has been a doubling of numbers -- to 17,433 -- getting the emergency aid from the Government.

While it is, in itself, perhaps not that surprising given the increase in variable rates and the numbers out of work, nonetheless it highlights the precipitous edge to which tens of thousands are clinging.

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