The Central Bank of Ireland publishes statistics on mortgage arrears and repossessions on a regular basis. The latest available data, which is in respect of the end of June 2022, shows the following:
- in respect of primary dwelling houses, 146 were in the possession of banks and 209 were in the possession of other Central Bank regulated entities at that time, giving a total of 355 such properties;
- in respect of buy to let properties, 170 were in the possession of banks and 55 were in the possession of other Central Bank regulated entities at that time, giving a total of 225 such properties.
Decisions in relation to mortgaged properties in the possession of Central Bank regulated entities are, subject to the duties which generally apply to a mortgagee in possession, a business and operational matter for the respective mortgagee.
In relation to the management of properties which are held by the official assignee in a bankruptcy, that is a matter for my colleague the Minister for Justice and the Insolvency Service of Ireland.