Karl Deeter: The funds will go where the banks fear to tread

For all the complaining and emotive language surrounding vultures, they are more helpful to those in arrears than the banks

12th February, 2017

Irish mortgage arrears remain stubbornly high and we are regularly bombarded with headlines citing a ‘tsunami of repossessions’ or whatever other emotive language the proponent of the idea is using to make the impending doom seem as horrible as possible.

There is an alternative reality to the story. First is the arrears themselves: you can be in a performing mortgage and have arrears.

For instance, if you are on a repayment plan where...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

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

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing