Dáil Éireann Debate, Wednesday - 17 April 2019
92. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which he directly, or through the Central Bank, continues to monitor the levels of repossessions by lending institutions in respect of family homes in which the borrower continues to make realistic repayments in circumstances in which the lender decided to claim repossession nonetheless; and if he will make a statement on the matter. [18029/19]
View answer93. Deputy Bernard J. Durkan asked the Minister for Finance the number of family homes or rental properties repossessed by each of the lending institutions, their agents or successors in the past five years; the number of families forced onto the local authority housing waiting list as a result; the extent to which offers were made to the lenders to continue meeting repayments which were subsequently rejected by the lenders; and if he will make a statement on the matter. [18030/19]
View answerI propose to take Questions Nos. 92 and 93 together.
I have been advised by the Central Bank of Ireland that their quarterly mortgage arrears, restructures and repossession statistics provides data on the number of property repossessions in a given quarter across all institutions. The reporting template is collected on an aggregate basis and the following tables summarises the number of Principal Dwelling Houses/Buy-to-Let repossessions on an annual basis over the past 5 years.
In relation to the extent to which offers were made to lenders to continue meeting repayments which were subsequently rejected by the lenders, the Central Bank has no data in relation to individual borrowers repayments or proposed repayments.
Finally, local authority waiting lists are a matter for my colleague the Minister for Housing, Planning and Local Government.
PDH Property Repossessions
|
2014 |
2015 |
2016 |
2017 |
2018 |
|
|
Repossessions: properties repossessed on foot of an order |
315 |
726 |
492 |
526 |
244 |
|
Repossessions: properties voluntarily surrendered/abandoned |
996 |
809 |
1,201 |
891 |
633 |
|
Total |
1,311 |
1,535 |
1,693 |
1,417 |
877 |
BTL Property Repossessions
|
2014 |
2015 |
2016 |
2017 |
2018 |
|
|
Repossessions: properties repossessed on foot of an order |
170 |
562 |
571 |
310 |
100 |
|
Repossessions: properties voluntarily surrendered/abandoned |
290 |
279 |
584 |
1,686 |
327 |
|
Total |
460 |
841 |
1,155 |
1,996 |
427 |
