Dáil debates

Tuesday, 18 May 2021

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Departmental Schemes

10:30 pm

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

Abhaile is the national mortgage arrears resolution service. It is provided free of charge to insolvent borrowers who are at risk of losing their home due to mortgage arrears. Abhaile is focused on providing expert financial and legal advice and assistance to borrowers to identify and put in place solutions to their arrears and, wherever possible, enable them to remain in their home.

From the inception of Abhaile in mid-2016 through to December 2019, 17,640 individual borrowers in mortgage arrears, or almost 15,000 households, received independent expert financial advice and negotiation support from Abhaile aimed at getting a solution in place. More than 8,000 borrowers facing repossession proceedings have received advice and assistance at court from an Abhaile duty solicitor. Almost 1,900 borrowers received legal advice from Abhaile consultation solicitors.

Comments

No comments

Log in or join to post a public comment.