Hi,
my wife owns an apartment in positive equity with 190k owed and a value of 250k. It was bought back in 2005 as a PPR and subsequently we have moved on and bought a family home.
recently she was lucky enough to get a 3 day week to spend more time with the kids. As a consequence money is a good bit tighter and to help us settle this year's tax bill on rental income on the apartment and give us some leeway we applied for a moratorium of 3 months as we are entitled to in the contract.
AIB came back today stating because its an investment property we are not entitled to this break. I'm fairly dubious about this, has anyone had any experience of this?