Wednesday 8 November 2017

Gimmicks won't change the reality of arrears crisis

Dan White

Dan White

At the end of June some 126,000 mortgages on principal dwellings were in arrears.

This was down by 6,000 on the mortgage arrears figure at the end of March and by almost 17,000 on the number of home loans in arrears at the end of June 2013.

This means that the number of mortgages on principal dwellings in arrears has fallen by 12pc over the past year.

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