Wednesday 18 January 2017

Arrears misery may be close to reaching its peak

Published 22/06/2013 | 05:00

THIS country has the distinction of having one of the worst mortgage arrears problems in the world.

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The latest figures show that one in four mortgage-holders is now in some form of arrears or making reduced monthly repayments with the agreement of their lender.

And one in three buy-to-let investors is not meeting their originally agreed repayments.

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