# Mortgage Arrears

This year

2023

Scheme to support families in mortgage arrears extended again for four years

The scheme, which was previously extended in 2019 and again in 2022, offers free financial and legal support to those in ‘serious mortgage arrears’.

6.9k

Jul 26th 2023, 7:00 AM

All time

# Arrears

Experts say 'vulture friendly' commentary from government is 'dangerous'

An Oireachtas committee yesterday heard legislation is needed to ensure banks cannot sell mortgages to vulture funds without a customer’s consent.

15.9k

Apr 19th 2019, 6:30 AM

# Abhaile

Government scheme to help families in mortgage distress 'fails 70% who turn to it'

Just 30% of those who engaged with Abhaile’s financial advice have a solution in place or are on track for one.

15.6k

Jan 28th 2019, 1:26 PM

# Vulture funds

Almost 7,000 loans in arrears held by 'unregulated loan owners'

Unregulated loan owners hold 17% of all mortgages in arrears over 720 days.

22.5k

Dec 20th 2018, 12:05 AM

# Mortgage Arrears

It took 9 consecutive questions for bank execs to admit €1.3bn mortgage 'vehicle' won't pay tax

Last week the bank confirmed it was transferring more than 6,000 home loans into a special purpose vehicle.

66.0k

Dec 6th 2018, 7:04 PM

# Great Irish Sell Off

No vulture fund or bank has ever been sanctioned for breaching the code of conduct

The Central Bank said no sanctions have been put in place since the Code of Conduct on Mortgage Arrears commencement in 2009.

12.5k

Nov 24th 2018, 8:00 AM

# factcheck

FactCheck: Has the number of cases taken by banks over arrears halved in two years?

Brendan Burgess claims there is “no tsunami” of arrears cases now.

11.4k

Nov 17th 2018, 12:05 AM

# Mortgage Arrears

Central Bank to track a 'critical mass' of restructured mortgages that are due to come up for review

Finance Minister Paschal Donohoe said there will be no change to the code of conduct, as it is working effectively.

14.2k

Nov 13th 2018, 10:16 PM

# Mortgage crisis

343 homes repossessed over mortgage arrears during second quarter of 2018

Tens of thousands of people are still feeling the effects of the mortgage crisis ten years later.

37.1k

Sep 7th 2018, 5:50 PM

# Debt

Storm Emma caused higher levels of mortgage arrears as customers missed in-branch payments

The number of accounts in arrears over 720 days has fallen but these cases still account for 41% of all accounts in arrears.

15.6k

Jun 20th 2018, 3:45 PM

# Mortgage Arrears

'This is a human crisis': David Hall believes 17,000 families will have homes repossessed

Hall told the Finance Committee that a narrative has been fostered that people in long-term arrears are “messers”.

14.8k

May 17th 2018, 12:53 PM

# Mortgage Arrears

Protesters deliver a coffin to the door of PTSB, as government agrees to regulate vulture funds

The Central Bank is to review their code of conduct for how financial institutions deal with those in mortgage arrears.

35.6k

Feb 27th 2018, 8:41 PM

# Mortgage Arrears

'They're for the chop': High Court Master says 'wave of repossessions' on the horizon

Master Honohan asked if it’s a “sick joke” that people writing to the Taoiseach were told to seek help from Abhaile.

43.0k

117

Feb 21st 2018, 9:08 AM

# New Laws

High Court Master writes new legislation to help keep people in their homes

The bill would give greater powers to the government’s Abhaile scheme and provide stronger protections for people who are in debt.

14.8k

Feb 20th 2018, 8:30 PM

# fire sale

'It's not fair': Fianna Fáil poised to block PTSB loan sale to 'unregulated' vulture funds

The bank, which is 75% owned by the State, plans to sell off a loan book worth €4 billion.

25.3k

116

Feb 19th 2018, 9:18 AM

# i live here now

'I was in mortgage arrears - so I sold my possessions and became a reluctant landlord'

Veronica Dyas explores her experience, and the situation with housing in Ireland, in her latest play.

43.2k

Feb 18th 2018, 9:30 AM

# mortgage to rent

Government scheme to help keep people in their homes has only completed 282 cases since 2012

Fianna Fáil’s Michael McGrath described the numbers as “pitifully low”.

7.3k

Jan 7th 2018, 6:00 AM

# Your Say

Poll: Should the State relax free legal aid rules to cover more arrears cases?

More than 30,000 accounts have been in arrears for more than two years.

9.9k

Dec 24th 2017, 9:30 AM

# Scandal

It gets worse: Central Bank forces lenders to admit 13,600 more tracker victims overcharged

We now know at least 33,700 customers were overcharged and the Central Bank said it had to “relentlessly pursue” lenders in many of these cases.

44.3k

109

Dec 20th 2017, 2:00 PM

# gaffs

10% of all residential mortgages in Ireland are in arrears

The number of mortgages behind on payments has dropped since the depths of the recession.

15.9k

Dec 14th 2017, 8:00 PM

# Your Say

Poll: Should Ireland have a separate court to deal with mortgage arrears cases?

Ten percent of home mortgage accounts in this country are in arrears.

16.1k

Nov 26th 2017, 8:15 PM

# Debt

'I'm not going anywhere': Lay litigants in uphill battle against banks and vulture funds

There are calls for the Legal Aid Board to relax its merits test so more families in debt can access professional representation.

18.9k

Nov 17th 2017, 12:05 AM

# dear leo

High Court Master lashes KBC and tells father in arrears to write to Taoiseach

Edmund Honohan: ‘What kind of a way is that for a bank to approach its customers?’

23.5k

Nov 11th 2017, 6:15 AM

# Housing Crisis

Warning for borrowers in arrears: Don't let fear get in the way of saving your home

Experts say anxiety and a lack of information provided to people struggling with debt can lead them to making decisions that will worsen their situation.

23.7k

Jun 18th 2017, 10:00 PM

# Arrears

Twink told a newspaper her debt-ridden home was for sale, but barristers couldn't find it listed

The bank claims it it is owed about €250,000.

31.8k

Dec 2nd 2016, 2:29 PM

# factcheck

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?

Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?

15.5k

Nov 23rd 2016, 7:59 PM

# wake up call

Many people in mortgage arrears are contemplating suicide

A new survey explores the impact debt has on people’s mental health.

21.0k

Mar 20th 2016, 3:47 PM

# Not happening

It's 'not possible or appropriate' to adjourn all repossession cases

Thomas Byrne hoped the courts might halt all repossession cases in light of the government’s planned reforms.

7.1k

May 19th 2015, 10:41 AM

# Veto

Big plan to help mortgage holders 'won't have the banks quaking in their boots'

The government has announced a raft of new measures to help people struggling to pay their mortgages.

13.9k

May 13th 2015, 5:48 PM

# State of the Nation

In mortgage arrears? Here's how the government plans to help

Here’s everything you need to know about what’s happening in Irish politics right now…

14.7k

May 13th 2015, 12:00 PM

# Social Housing

Peter McVerry says he'd be embarrassed if he was Alan Kelly

The campaigner is not impressed by the government’s housing plans.

29.6k

155

May 5th 2015, 5:35 PM

# Mortgage crisis

Thousands of homeowners are drowning in debt - this is one of their stories

“It was like someone had a gun to my head. I was crying on the steps of the bank.”

32.1k

111

Apr 19th 2015, 8:30 AM

# Bad Loans

Irish sub-prime mortgage arrears are going through the roof

Loans from so-called sub-prime lenders are four times more likely to be in arrears than those from the mainstream banks

17.9k

Mar 17th 2015, 1:37 PM

# shots fired

Enda pledges action on mortgage crisis (and calls Fianna Fáil 'arsonists')

Proposals to reduce the term of bankruptcy from three years to one are being considered with new measures to be announced in April.

14.6k

Mar 10th 2015, 8:25 PM

Voices

Opinion: Despite talk of an improving economy, worrying mortgage arrears on family homes persist

Will the State will put the interests of its people above commercial and provide us with strong consumer protection standards?

Dec 5th 2014, 8:00 AM

# going under

The number of homeowners who are years behind on their loans is still going up

Banks have been accused of only helping the ‘low-hanging fruit’ of people who are a few months overdue.

8.9k

Dec 3rd 2014, 4:18 PM

# Arrears

Almost 400 AIB repossessions stopped in last year

The Irish Mortgage Holders Organisation said the scheme these agreements were made through will be expanded to run another 12 months, due to its success in the last year.

6.6k

Nov 4th 2014, 10:00 AM