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Monday 27 March 2023 Dublin: 7°C

# Arrears

All time
# Prime Numbers
Madeleine McCann, jewel thefts and mortgages: The week in numbers
Plus: What percentage unemployment rate does Taoiseach Enda Kenny want to see in 2016?
# Better News
Number of mortgage accounts in arrears FELL last quarter
The decrease is the first reported since the Central Bank began taking records in September 2009.
# Mortgage Arrears
IMHO: ‘Interest only repayments are not a long-term solution to mortgage arrears’
The Irish Mortgage Holders Organisation said the new mortgage restructuring figures are concerning.
# Your Say
Poll: Should people who give up their mortgages be allowed on housing lists?
Anyone who goes through the mortgage arrears process but still ends up surrendering their home will be able to join the local authority housing waiting list. Good idea? Bad idea?
# Arrears
Number of homeowners in mortgage arrears quadrupled since 2009
Figures from the Central Bank of Ireland reveals that outstanding mortgage arrears increased in the second quarter of this year.
# Kanturk
Anti-eviction activists vow to protect Kanturk family home
The group of about 100 people stopped the O’Sullivan family from being evicted from their Cork house yesterday.
# Priory Hall
Priory Hall residents: 'If talks are to take place we want to be a part of them'
Priory Hall residents say they have been unofficially approached about talks that are due to take place.
# Mortgage Arrears Crisis
Permanent TSB has offered 3,500 split mortgages, has taken legal cases against 1,600
Bank chiefs have told the Oireachtas Finance Committee that it has assisted 800 people to sell homes that they were struggling to pay for.
# Kennycourt Stud Farm
PICS: 250 locals take back Kildare stud farm from receivers and lock them out
The farm, owned by Eugene McDermott, was to be sold by IBRC following an outstanding loan of €814,000.
# Summer is over
TDs and Senators coming back next week to grill bankers over mortgage arrears
TDs and Senators on the Oireachtas Finance Committee will grill the heads of the main Irish banks next week.
# Kennycourt Stud Farm
PICS: Locals lock themselves inside Kildare farm to prevent repossession
The locals padlocked themselves inside Kennycourt Stud Farm in Brannockstown to prevent 10 gardaí and six security guards from entering the site.
Voices
Column: There's no shame in bankruptcy – it is now a viable and positive option
This autumn will see a new personal insolvency system coming into effect that will put mortgage holders in arrears in a far stronger bargaining position with the banks, writes Ross Maguire SC.
# Prime Numbers
Michael Lowry, mortgages and mayors: The week in numbers
Plus: how many times has the Council of State met since 1940?
# Mortgage Arrears
Permanent TSB tells customer in arrears of €200 to sell her house
The woman’s case was reviewed recently as she has been on an interest-only payment plan for around three years.
# Mortgages
Borrowers may be able to leave tracker mortgage when rates increase
The new Code of Conduct for Mortgage Arrears will allow borrowers to move to a variable rate instead of repossession.
# Mortgage crisis
95,000 Irish homes are in mortgage arrears over 90 days
Homeowners who are three months or more behind on their payments owe financial institutions €1.8 billion.
# Mortgage Arrears
This graph shows how bad the mortgage arrears crisis is
The amount of money owed to financial institutions has risen 275 per cent in 42 months.
Voices
Column: Tenants shouldn't pay the price for landlords struggling with mortgage repayments
There’s a crisis in the buy-to-let sector due to landlords falling into mortgage arrears and innocent tenants are getting caught in the chaos. Receivers have to realise people renting properties are not commodities, writes Bod Jordan.
# make or break
IMF: European help, progress on mortgages crucial to exit from bailout
The IMF’s latest quarterly review of Ireland’s progress says progress on dealing with mortgage arrears is a make-or-break.
# Mortgage Arrears
Government outlines plan to tackle mortgage arrears
Minister for Finance, Michael Noonan, said that targets will be set for banks with regard to these mortgages, which will be monitored.
# Ulster Bank
'Under-collection error' means 1,300 Ulster Bank customers face €41m bill
Mortgage customers at the bank were under-charged in recent years resulting in the shortfall that will now need to be repaid by these customers. The bank has apologised.
# Repossession
Shatter said Troika deal will not increase repossessions
The Minister for Justice said the right for banks to repossess a home when a person defaults already exists in mortgage contracts.
# Repossession
Government agrees to close loophole preventing banks repossessing homes
The agreement was made in a memorandum sent by Finance Minister Michael Noonan to the Troika.
# Arrears Crisis
Free advice to be given to distressed mortgage holders
A panel of 1,000 accountants – paid for by the banks – will become available to mortgage holders from the middle of this month.
# Results
"No surprise" as PTSB reveals €566 million loss for half year
The figures highlight the challenge ahead, according to new CEO Jeremy Masding.
# Tough Times
Mortgage arrears in Ireland rise to highest level yet
New figures from the Central Bank illustrate the deepening mortgage crisis in Ireland with almost 130,000 in arrears.
# Bank of Ireland
Bank of Ireland reports half-year loss of €1.25 billion
Bank CEO says H1 2012 has been a difficult environment to operate in, given ongoing eurozone difficulties and challenges to the Irish economy.
# Mortgages
Lenders following arrears guidelines from Keane Report, says Central Bank
The Central Bank says commercial banks are bringing forward new proposals to assist people in mortgage difficulty.
# Prime Numbers
Foreign aid, college fees and pregnancies: the week in statistics
How much will the US’s aid cuts to Pakistan really matter? And just how many priests have been connected with abuse allegations?
# Daily Fix
The Daily Fix: Friday
Your essential evening round-up of the day’s biggest news, plus the bits and pieces you may have missed.
# Banks
Central Bank clarifies rules on contacting borrowers in arrears
The Central Bank has outlined the appropriate rules of engagement for lenders dealing with mortgage customers who have fallen into arrears.
# Arrears
Central Bank to survey 2,000 mortgage holders
The Central Bank wants a “greater understanding” of the financial status of homeowners.
# occupy
VIDEO: Dublin Sheriff's office occupied in protest at Killiney eviction
The protesters are demonstrating against the eviction of Brendan and Asta Kelly from their home in Killiney yesterday.
# Bank of Ireland
Bank of Ireland introduces new mortgage options
The bank has launched two new options – Trade Up Negative Equity and Trade Down Negative Equity – that will allow greater numbers of customers in negative equity to move home.