Thursday, 27 June 2013
Department of Finance
Tracker Mortgage Numbers
100. To ask the Minister for Finance the number of mortgage holders that are on tracker mortgages and the number by institution in both absolute and as a percentage of their total mortgages. [31346/13]
Firstly, I must confirm to the Deputy that lending institutions in Ireland, including those in which the State has a significant shareholding, are independent commercial entities. It is not appropriate for me, as Minister for Finance, to comment on or become involved in the detailed mortgage position of mortgage holders. I have been advised by the Central Bank that there are no statistics available regarding the number of tracker mortgage customers or a breakdown by institution. However, the total outstanding balance of tracker mortgages on the balance sheet of Irish resident credit institutions is €42,168 million. There is a further €25,212 million in securitised tracker mortgages.
I would refer the Deputy to the Central Banks website which contains detailed information and statistics on residential mortgage arrears and other relevant information.