Dáil Éireann Debate, Tuesday - 26 January 2010
225 Deputy Joe Costello asked the Minister for Finance the number of householders who are in arrears of mortgage payments at present; the number of householders who defaulted on payments in each of the past 12 months; the number of householders who are in arrears of six or more months; the number who are in arrears of 12 months or more; and if he will make a statement on the matter. [3244/10]
Amharc ar fhreagraThe Financial Regulator published new data on mortgage arrears and repossessions on 22 December 2009. This is the latest available data relevant to the Deputy's question and will be updated on a quarterly basis.
The data shows that, as at end September 2009, there were 26,271 (3.3% of total) mortgage accounts in arrears of more than 90 days. Of this figure 17,767 (2.2% of total) were more than 180 days in arrears. By value €4.8 billion was owed in relation to all accounts more than 90 days in arrears and €3.2 billion was owed in respect of accounts more than 180 days in arrears. The full report can be accessed on the Financial Regulator's website: www.financialregulator.ie
