Break in mortgage payments

In the case where a house loan is financed by a tracker mortgage and a lump sum payment has been paid to put the account well in advance of schedule..is the borrower then entitled to cease payments until the account is back to its scheduled balance outstanding? Thanks in advance.

As far as I am aware, you are not entitled to cease payments without agreement from the lender but most lenders should be understanding in such a situation.

www.moneybackmotgages.ie

Many thanks for such a speedy reply...the bank did tell us that but we really thought otherwise so we will take your reply as a confirmation...thanks