Wednesday, 1 May 2013

Ceisteanna (82)

Seán Fleming

Ceist:

82. Deputy Sean Fleming asked the Minister for Finance the number of mortgage accounts outstanding on primary dwelling homes by the banks and financial institutions; the number of mortgage accounts issued by retail credit firms; if he will provide the total number of primary dwelling home mortgages in the country; the total value of the balance on these accounts at the end of December 2012; the number and the percentage in arrears over 90 days divided between banks and financial institutions, retail credit firms and local authorities; if he will provide the names of the institutions referred to as retail credit firms; and if he will make a statement on the matter. [20602/13]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The Central Bank has information me that the number of mortgage accounts for both banks and retail credit firms and outstanding balances at December 2012 are as follows:

Banks

Number of Accounts

Outstanding Balance €(000)

Total

774,765

107,395,205

In arrears over 90 days

86,422 (10·88%)

15,662,222

Retail Credit Firms

-

-

Total

17,331

3,387,384

In arrears over 90 days

8,066 (1·02%)

1,792,726

The names of institutions referred to as retail credit firms are as follows:

- Haven Mortgage Limited

- Nua Homeloans Limited

- Pepper Financing Corporation Limited

- Secured Property Loans Limited

- Springboard Mortgages Limited

- Start Mortgages Limited

- Stepstone Mortgage Services Limited

I would refer the Deputy to the Central Banks website which contains detailed information and statistics on residential mortgage arrears and other relevant information.