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THE CENTRAL BANK stated today that it has set the banks a target that “sustainable solutions” will be offered to 75 per cent of customers who are over 90-days in arrears by June of next year.
They added that concluded solutions should reach 35 per cent by that date also.
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Sustainable solutions
The latest data for the third quarter of 2013, published in November shows that owners of 141,520 principal dwelling houses (PDH) had fallen behind in their home loan payments.
That is a decrease of 1,372 properties and a 0.5 per cent decline on the outstanding balance on all main-home mortgages.
The number of accounts in arrears for more than 90 days at the end of September had risen to 99,189. The increase of 1,315 was driven entirely by accounts that are behind by over 720 days. All other maturity categories declined.
The decrease is the first reported since the Central Bank began taking records in September 2009.
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Nice to live long but only in good health…..People are living now typically into their 90′s but often the last decade is in bad heath and house bound….
@Niccolo Saccho: or just dementia quite often. Most older people have eaten quite healthy as the range of crap around today simply didn’t exist back when they were younger. Convenience food etc didn’t exist. You just eat your meat veg and potatoes
Isn’t it crazy to think that the entire world’s population has been replaced since he was born. Imagine knowing that there isn’t a single person still living on this planet, who was around when you were born.
And as for the experiences he has had, the things he has lived through, and seen from 1900s til now. What a guy! RIP.
Was it Billy Connolly who said something along the lines of, “They say jogging every day adds an extra 10 years to your life, what they don’t say is the extra 10 years come when you’re stuck in a bed and pi**ing yourself”?
The US Commerce Secretary says Ireland runs a 'tax scam'. Does he have a point?
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