Michael McGrath (Cork South Central, Fianna Fail)
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191. To ask the Minister for Finance the estimate of mortgage arrears, by county; and if he will make a statement on the matter. [4453/16]

Michael Noonan (Limerick City, Fine Gael)
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The monthly mortgage arrears data published by my Department is collected from the six main lenders (ACC, AIB, Bank of Ireland, KBC, Ulster Bank and PTSB) is on a national level and consequently no regional breakdown of this data is available.

The Deputy will also be aware that the Central Bank of Ireland's (CBI) Mortgage Arrears and Repossession Statistics, published quarterly, are collected from a large number of reporting institutions and are designed to capture all mortgage loans secured on properties located in the Republic of Ireland. The data are provided on a national level only and no regional breakdown is available.

The Financial Stability Division of the Central Bank publishes the Household Credit Report twice yearly, the most recent report having been published on 18th August 2015. The figures in Figure 12 of the Household Credit Market report for H2 2015 come from the Central Bank's loan level data (LLD). The Figure outlines the percentage of loans that were in default by county in December 2014 from the Central Bank LLD. I am informed by the Central Bank that the LLD dataset provides information from a limited number of banks and consequently it does not capture the full mortgage market, as in the Residential Mortgage Arrears and Repossessions Statistics.

The County level percentage data underlying the latest published Household Credit Market report are as follows:

Default Rates on all Residential Mortgages by County (Per Cent of Loans)

December 2014 (Source: Central Bank of Ireland, Loan Level Data)