Sunday May 31, 2020

Number of home owners in arrears down 16 per cent

Buy-to-let arrears also down 19 per cent, according to Department of Finance

8th September, 2016
Arrears figures continue to fall. Pic: Rollingnews.ie

The department said there were 64,614 mortgage accounts behind with payments in July. This figure is for residential properties, or principal dwelling houses (PDHs). It represents 9 per cent of all PDH mortgage accounts.

The figures show that the number of PDH accounts in arrears for fewer than 90 days has fallen by 12 per cent to 21,420 over the same period. The figure for arrears of more than 90 days was 43,194. The department said this...

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