Tuesday 23 May 2017

Predicted 'tsunami of repossessions' has not happened

Over the past eight years, a total of 1,471 family homes have actually been repossessed by the banks by court order
Over the past eight years, a total of 1,471 family homes have actually been repossessed by the banks by court order

Brendan Burgess

Over the past eight years, a total of 1,471 family homes have actually been repossessed by the banks by court order.

When you consider that in excess of 120,000 people have been in arrears at some stage over that period, 1,471 is a very low figure.

I have attended the Circuit Courts in Dublin, Donegal, Wicklow and Meath in recent months to see for myself what is happening. Séamus Coffey and Karl Deeter have attended the Circuit Courts in Cork and Dublin.

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