Sunday December 15, 2019

Long-term arrears figure rising again

While the total number of householders behind with their mortgage payments has now fallen for 22 quarters in a row, the number in arrears for more than 720 days rose at the start of 2019

13th June, 2019
Fewer homes repossessed in Q1, Central Bank figures show

Figures from the Central Bank show that the number of mortgage accounts in long-term arrears has begun to creep up again, though shorter-term categories continue to decline.

While the total number of householders behind with their mortgage payments has now fallen for 22 quarters in a row, the number in arrears for more than 720 days rose at the start of 2019 after a long run of declines.

Accounts in arrears for more than 720 days represent 45...

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