Saturday September 19, 2020

One in ten mortgages now in arrears

UPDATE: there were 170 property repossessions in the first quarter of 2012 as more mortgages went into arrears.

25th May, 2012
More mortgages in arrears, repossessions

The Central Bank has issued new first-quarter data showing increasing numbers of mortgages in arrears and a 28 per cent rise in repossessions.

At the end of March 2012 there were 764,138 private residential mortgage accounts for principal dwellings with a value of €112.7 billion.

Of these, 77,630, or 10.2 per cent, were in arrears of more than 90 days.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago