Dáil Éireann Debate, Thursday - 9 November 2017
51. Deputy Michael McGrath asked the Minister for Finance the number of mortgage restructures by restructure type for both PDH and BTL mortgages in tabular form; the number under each restructure type restructured by regulated financial institutions, retail credit firms and unregulated loan owners; and if he will make a statement on the matter. [47411/17]
Amharc ar fhreagraI am informed by the Central Bank that their Residential Mortgage Arrears and Repossessions Statistics show that at end-June 2017, 120,398 PDH mortgage accounts were restructured.
The breakdown by entity type is as follows: Banks 111,156 accounts, Retail Credit Firms 6,695 accounts and unregulated loan owners 2,547 accounts. Similarly, 23,623 BTL accounts were restructured at end-June. The breakdown by entity type is as follows: Banks 22,833 accounts, Retail Credit Firms 318 accounts and unregulated loan owners 472 accounts.
In addition to the above published statistics, please see below a further unpublished breakdown of restructures for PDH and BTL accounts. Given the small number of observations in some categories, it is not possible to provide the level of detail requested. However, the Statistics Division within the Central Bank is currently reviewing the breakdowns published, with a view to expanding coverage in the New Year, subject to confidentiality measures.
Principal Dwelling Houses
|
- |
Banks |
Non-Banks |
PDH Total |
|
Arrears Capitalisation |
34,093 |
5,074 |
39,167 |
|
Split Mortgages |
26,788 |
724 |
27,512 |
|
Other |
50,275 |
3,444 |
53,719 |
|
Total |
111,156 |
9,242 |
120,398 |
Buy-to-Let Properties
|
- |
Banks |
Non-Banks |
BTL Total |
|
Reduced Payment > Interest Only |
5,138 |
383 |
5,521 |
|
Arrears Capitalisation |
5,056 |
217 |
5,273 |
|
Other |
12,639 |
190 |
12,829 |
|
Total |
22,833 |
790 |
23,623 |
