Home Repossession Rate

Dáil Éireann Debate, Tuesday - 31 March 2015

Tuesday, 31 March 2015

Ceisteanna (282)

Michael McGrath

Ceist:

282. Deputy Michael McGrath asked the Minister for Finance further to Parliamentary Question No. 279 of 24 March 2015, noting that the Central Bank of Ireland residential mortgage arrears and repossessions statistics for 2014 state there were 11,424 proceedings issued in 2014 for the repossession of principal dwelling houses, the number of those 11,424 proceedings relating to principal dwelling houses in each county, presented in tabular form; and if he will make a statement on the matter. [13341/15]

Freagraí scríofa

Minister for Finance

The Central Bank of Ireland Residential Mortgage Arrears and Repossessions Statistics over the course of the four quarters of 2014 reported that proceedings were issued to enforce the debt/security on a PDH mortgage in 11,424 cases in the year. This includes:

- cases where an application has been made to Court but a Court date has not yet been received;

- cases where Court proceedings have issued but have not been served;

- cases which have been adjourned for a specific period, e.g., 12 months.

I have been informed by the Central Bank that it does not publish these statistics on a County level basis.  It is not, therefore, possible to provide the breakdown requested by the Deputy.