Reducing repayments

Glan

Registered User
Messages
18
We bought an investment property a back in 2005 and since the downturn we were struggling to repay the mortgage. We decided to sell the investment albeit at a loss of €30,000. We also have a mortgage on the house we live it. We are currently paying the Permanent tsb €300 a month on the balance. We are finding this difficult and I wanted your opinions on the likelihood that they would allow us to reduce the repayments by half.
Thanks in advance
 
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