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Monday 27 March 2023 Dublin: 9°C

# Arrears

All time
# evicted
Listen: 'The bailiffs are here trying to break in the door of my house right now'
Brendan Kelly spoke to Spin 1038 in the minutes before bailiffs forced him and his wife from their Killiney home.
# Permanent TSB
Permanent TSB reports losses of €424million
The bank warned of a “significant deterioration” in the number of borrowers in arrears.
# Arrears
There is 'no silver bullet' to address mortgage arrears, says financial regulator
Matthew Elderfield says Ireland’s mortgage arrears problem is going to get worse before it gets better.
# In Numbers
Prime numbers: the week in stats
Greek MPs, Irish jobs, German cable ties, and all the other news from the week in handy numerical format…
# Mortgages
The average Irish mortgage is now €1,453 in arrears
Figures produced by the Central Bank show that 9.2 per cent of all mortgages are in arrears of 90 days or more.
# Arrears
Rate of energy disconnections fell last year
But service providers have been reminded to adhere to communication guidelines when contacting customers in arrears – with some providers being accused of “effectively harassing” bill-payers.
# Mortgages
1 in 10 Irish mortgages are in arrears
At the same time, one-fifth of all mortgage holders are believed to be having difficulties in meeting mortgage repayments.
# Mortgages
More than 100,000 households now in mortgage difficulties
New figures from the Central Bank show the number of mortgages in arrears has risen significantly.
# Mortgages
AIB to sign up to government's 'mortgage to rent' scheme
State-controlled AIB will participate in the Keane Report’s suggestion allowing struggling mortgage holders to rent their homes.
# Electricity
Pre-paid electricity meters rolled out for customers in arrears
The new pre-payment meters are aimed at those who are in arrears and having trouble paying their gas or electricity bills.
# Debt forgiveness
Negative equity should not mean debt forgiveness - Rabbitte
The communications minister says “blanket debt forgiveness” is not an option, but that banks should write off loans where there’s a genuine inability to pay.
# Debt forgiveness
Govt rules out blanket debt forgiveness - but Noonan says banks can write off mortgages
The Department of Finance says there’s no “one-size-fits-all” solution – but the Minister says banks can afford to absorb some losses.
# Mortgages
BoI signals eventual increase in mortgage interest rates
Richie Boucher says his bank can’t keep absorbing ECB hikes – and that it’ll have to pass on any future increases.
# Bad Loans
Bank of Ireland losses narrow to €723m
So far in 2011, Ireland’s only domestic lender outside State control has almost halved its pre-tax losses.
# Solvency
Businesses now taking even longer to pay their bills - survey
If you’ve issued an invoice to a construction company in Waterford, you might be waiting a while for payment…
# Electricity
Electricity companies to be alerted if new customers are in arrears
The Commission for Energy Regulation says the new moves will stop customers from running up massive energy debts.
# Arrears
Jump in Irish mortgage arrears - Moody's
Some 60,000 homeowners are now three or more months behind on their repayments.
# Arrears
Banks called on to share mortgage arrears code in all branches
The Legal Advice Centre has said that banks should make more widely available new regulations concerning mortgage holders that fall behind on repayments.
# Arrears
More than one in three local authority loans are in arrears
Meanwhile, data shows average national house prices are back at 2002 levels.
# Arrears
Protection for tracker mortgages holders in arrears
Financial Regulator announces new customer protection proposals which include preventing lenders from forcing tracker mortgage holders to switch.
# Mortgages
Homeowners in arrears up by almost a third
The number of households now in mortgage arrears has risen by almost 40% in the past year.
# Personal Finance
New regulations for homeowners in arrears
New rules for mortgage lenders have been proposed to help struggling homeowners.