Government vow to tackle mortgage arrears before next election

Government vow to tackle mortgage arrears before next election

The Government is vowing to tackle the mortgage arrears crisis ahead of the next general election.

Just over 110,000 private residential mortgage accounts were in arrears at the end of last year - 14.5% of all accounts.

The Irish Times reports that the Government is working to expand the mortgage-to-rent scheme, so that people with difficulties repaying their mortgage can switch to renting their home as social tenants.

Advertisement
Tags:
Uncategorized arrears General Election mortgage mortgage arrears mortgage to rent scheme

Related articles

Woman using mortgage calculator

Mortgage calculator

Ready to start house hunting but need to know how much you'll be paying on your mortgage? Our Irish mortgage repayments calculator will get you the answers you're looking for.

Start now →

Powered by doddl logo