Dáil Éireann Debate, Tuesday - 3 March 2015
217. Deputy Michael McGrath asked the Minister for Finance further to the Household Credit Market Report, published by the Central Bank of Ireland on 25 February 2015, if he will arrange for the county data on mortgages in default (details supplied) to be made available, in tabular form; and if he will make a statement on the matter. [9160/15]
View answerI am informed by the Central Bank of Ireland (CBI) that the figures in Figure 11 of the Household Credit Market report, published on Wednesday 25 February, comes from the Central Bank's loan level data (LLD). The Figure outlines the percentage of loans that were in default by county in June 2014 from the Central Bank LLD. This dataset provides information from a limited number of banks and as such does not capture the full mortgage market.
Separately, the Residential Mortgage Arrears and Repossessions Statistics are designed to capture all mortgage loans secured on properties located in the Republic of Ireland. However, the data are provided on a national level only, no regional breakdown is available.
I am informed by the Central Bank that as the reporting population in the Household Credit market report covers only some institutions, there is a potential that commercially sensitive information could be extrapolated if total values of loans are provided. Therefore it is not possible to issue the total number of loans overall, and in arrears, underlying the percentages in Figure 11 of the Household Credit Market Report. Accordingly, the county data underlying Figure 11 is as follows:
|
County |
Default Rate % |
County |
Default Rate % |
|
CARLOW |
14.20 |
LONGFORD |
19.05 |
|
CAVAN |
17.07 |
LOUTH |
16.36 |
|
CLARE |
12.18 |
MAYO |
11.24 |
|
CORK |
10.21 |
MEATH |
16.97 |
|
DONEGAL |
14.79 |
MONAGHAN |
12.95 |
|
DUBLIN |
11.37 |
OFFALY |
14.70 |
|
GALWAY |
11.56 |
ROSCOMMON |
13.97 |
|
KERRY |
11.68 |
SLIGO |
12.03 |
|
KILDARE |
12.39 |
TIPPERARY |
11.34 |
|
KILKENNY |
12.43 |
WATERFORD |
13.30 |
|
LAOIS |
16.25 |
WESTMEATH |
15.21 |
|
LEITRIM |
16.15 |
WEXFORD |
13.09 |
|
LIMERICK |
11.63 |
WICKLOW |
12.33 |
