Written answers

Tuesday, 7 February 2017

Department of Finance

Mortgage Arrears Rate

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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188. To ask the Minister for Finance the amount of warehoused mortgage debt under the split mortgage solution for both principal dwelling homes and buy to let mortgages on an aggregate basis and by financial institution; and if he will make a statement on the matter. [6023/17]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Central Bank that it does not publish information in the format requested.  However I would refer the Deputy to the Central Bank's quarterly publication on Residential Mortgage Arrears and Repossessions Statistics which includes details on total balances for split mortgage solutions.  The most recent publication is for Quarter 3 2016 and is available at the following link  http://www.centralbank.ie/polstats/stats/mortgagearrears/Documents/2016q3_ie_mortgage_arrears_statistics.pdf.  For the total balance on loans that have been restructured as Split Mortgages to end-September 2016 please see Table 2 for Principal Dwelling Houses and Table 3 for Buy-to-Let mortgage accounts.   

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