Number of mortgage holders in arrears falls again

More than 80,000 remain in arrears of 90 days or more


The number of people in mortgage arrears has fallen again with the level of engagement between financially distressed borrowers and their lenders increasing, according to new figures released by the Department of Finance.

The latest data shows that 116,481 of the 697,690 mortgage holders in the Republic at the end of November were in arrears of some kind - a decline of 1,230 on the previous month.

The number of mortgage accounts in arrears of greater than 90 days has fallen from 80,854 to 80,487, a drop of 367 accounts.

The figures show that there were 49,304 permanent mortgage restructures at the end of November, according to the figures, an increase of 8,068 accounts since the end of August.

This monthly monitor from the Department of Finance relates to the six main banks operating in Ireland.

Sign In

Forgot Password?

Sign Up

The name that will appear beside your comments.

Have an account? Sign In

Forgot Password?

Please enter your email address so we can send you a link to reset your password.

Sign In or Sign Up

Thank you

You should receive instructions for resetting your password. When you have reset your password, you can Sign In.

Hello, .

Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.

Thank you for registering. Please check your email to verify your account.

Your Comments
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Standards. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or by filling out this form. New comments are only accepted for 3 days from the date of publication.