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Thu 06 Jun 2000Flexibility is now part of basic package
The last few years have seen a watershed in the thinking of mortgage lenders: flexibility is now the buzz word. Yet, only five years ago asking for a repayment holiday could have meant approaching your branch manager with a good excuse.
AIB, for example, will allow borrowers to make weekly, fortnightly, four-weekly or monthly payments. The most popular of these are, of course, weekly and monthly. Twice monthly, where a couple have different salary dates, is common.
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