Is a tsunami of repossessions on the horizon?
Ian Kehoe is joined by Francesca Comyn to discuss new research from the Central Bank which shows that the owners of more than 14,000 homes that are in long-term arrears in Ireland could lose their properties.
New research from the Central Bank shows that the owners of more than 14,000 homes that are in long-term arrears in Ireland could lose their properties. The data also reveals almost four out of ten mortgage-holders in deep arrears are not engaging with their lender on restructuring their loan. So are we finally heading towards a tsunami of repossessions? In this special edition of the Post Podcast, Francesca Comyn and Ian Kehoe talk about the data and the thorny issue repossessions.
