Pearse Doherty
Question:223. Deputy Pearse Doherty asked the Minister for Finance the number of primary dwelling homes in mortgage arrears, and in mortgage arrears for over 90 days, by county. [9239/15]
View answerTuesday, 3 March 2015
Questions (223)
Written answers
I am informed by the Central Bank of Ireland (CBI) that the CBI's Residential Mortgage Arrears and Repossession Statistics are published quarterly. The last publication was for end-Q3 2014 and is available here: http://www.centralbank.ie/polstats/stats/mortgagearrears/Documents/2014q3_ie_mortgage_arrears_statistics.pdf.
The Residential Mortgage Arrears and Repossessions Statistics are collected from a large number of reporting institutions and are designed to capture all mortgage loans secured on properties located in the Republic of Ireland. The data are provided on a national level only, no regional breakdown is available.
The figures in Figure 11 of the Household Credit Market report, published on Wednesday, 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. I am informed by the Central Bank that this dataset provides information from a limited number of banks. It does not capture the full mortgage market, as in the Residential Mortgage Arrears and Repossessions Statistics.
The monthly mortgage arrears and restructures data published by my own Department is collected from the six main lenders, ACC, AIB, Bank of Ireland, KBC, Ulster Bank and PTSB, also on a national level and consequently no regional breakdown of this data is available.