Dáil Éireann Debate, Thursday - 11 May 2017
83. Deputy Michael McGrath asked the Minister for Finance the number of private dwelling home, PDH, and buy-to-let tracker mortgages to date and the current annual repayments for each, in tabular form; the amount by which the repayments would increase for every 1% increase in the European Central Bank base interest rate, in tabular form; and if he will make a statement on the matter. [22658/17]
View answerThe Central Bank has advised me that it does not publish data on the particular basis requested.
However, the Central Bank has indicated that, as at end-2016, the value of PDH tracker mortgages in the Irish banking system, including securitised loans serviced by these institutions, was €37.9 billion. The equivalent value of BTL/holiday home tracker mortgages was €13.8 billion. The net repayments (new drawdowns minus repayments) of on-balance sheet PDH tracker mortgages, over 2016, amounted to €1.6 billion. The equivalent net repayments of on-balance sheet BTL/holiday home tracker mortgages, over 2016, was €1.1 billion.
(Source: Private Household Credit and Deposits Tables A.18.1 and A18.2.)
