Written answers

Wednesday, 1 May 2013

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
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82. To ask the Minister for Finance the number of mortgage accounts outstanding on primary dwelling homes by the banks and financial institutions; the number of mortgage accounts issued by retail credit firms; if he will provide the total number of primary dwelling home mortgages in the country; the total value of the balance on these accounts at the end of December 2012; the number and the percentage in arrears over 90 days divided between banks and financial institutions, retail credit firms and local authorities; if he will provide the names of the institutions referred to as retail credit firms; and if he will make a statement on the matter. [20602/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Central Bank has information me that the number of mortgage accounts for both banks and retail credit firms and outstanding balances at December 2012 are as follows:

BanksNumber of AccountsOutstanding Balance €(000)
Total774,765107,395,205
In arrears over 90 days86,422 (10·88%)15,662,222
Retail Credit Firms--
Total17,3313,387,384
In arrears over 90 days 8,066(1·02%)1,792,726

The names of institutions referred to as retail credit firms are as follows:

-Haven Mortgage Limited

-Nua Homeloans Limited

-Pepper Financing Corporation Limited

-Secured Property Loans Limited

-Springboard Mortgages Limited

-Start Mortgages Limited

-Stepstone Mortgage Services Limited

I would refer the Deputy to the Central Banks website which contains detailed information and statistics on residential mortgage arrears and other relevant information.

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