Michael McGrath
Question:68. Deputy Michael McGrath asked the Minister for Finance the number of split mortgages owned by unregulated loan owners; and if he will make a statement on the matter. [18530/18]
View answerThursday, 26 April 2018
Questions (68)
Written answers
I have been advised by the Central Bank of Ireland that while it does collect and publish information on mortgages held by non-bank entities which includes unregulated loan owners, it does not give a breakdown in terms of how many are split mortgage arrangements.
The number of split mortgage arrangements are available for PDH and BTLs. At the end of Q4 2017, there were 27,475 PDH mortgage accounts restructured with a split mortgage arrangement. The vast majority of split mortgages arrangements were provided by banks. The figure for BTLs with split mortgage arrangements at the end of Q4 2017 was 2,058.
The Central Bank Residential Mortgage Arrears and Repossessions Statistics can be found at: https://www.centralbank.ie/statistics/data-and-analysis/credit-and-banking-statistics/mortgage-arrears