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Houses in Dublin, close to Croke Park Niall Carson/PA
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.
8.00pm, 14 Dec 2017
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ONE IN TEN mortgages in Ireland is in arrears, according to new figures from the Central Bank.
A total of 72,489 residential mortgages were behind on payments as of the end of September, which is 10% of the total number of mortgages in Ireland.
However the figure is a decline on earlier this year, and has been falling consistently every year for the past four years. The number peaked in 2013 at almost 100,000 homes, representing 12.9% of all mortgages.
The figures published today by the Central Bank showed that just over 50,000 mortgages were in arrears of more than 90 days and 32,000 were behind on payments for more than 720 days.
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The number of accounts in arrears of up to 90 days decreased by 155 accounts, or 0.7%, in the three months to September, following a decline of 1,366 accounts in the previous quarter.
The number of restructured mortgages has hit 119,070, and of these, 87% were deemed to be meeting the terms of their restructuring arrangement.
There were a total of 731,119 residential mortgages for principal dwellings as of the end of September, worth €98.6 billion in total.
The Central Bank report noted that the value of accounts in long-term arrears of over 360 days “remains large” for all lending institutions in Ireland, amounting to just under €8.4 billion at the end of September.
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Ian dempsey played blurred lines a few weeks ago. ..the very last thing I ever want to hear again is the song finishing and Ian continuing with ‘I know you want it..’ puke!
Ian has recently taken to singing the last few lines of another song in an Irish /Caribbean accent “all about da bass, da bass” Makes me want to eat my own face!
Reminds me of the great Morecambe and Wise sketch when playing for Andre Previn – and he tells Eric that he’s playing the wrong notes – ‘i’m playing the right notes – but not necessarily in the right order’.
Another rip off, if you look hard enough you’ll probably find a lot of modern songs do this. I remember people used to say Kid Rock was putting his own twist on Sweet Home Alabama with that summer song he had, turned out he’d taken the whole thing from another song called Werewolves of London. In his case I think he had permission but he just keeps it quiet so people think he wrote it himself. A lot of these so-called musicians’ only talent is being marketable. It’s even more obvious now the only reason Pharrell Williams was brought in for Blurred Lines was exposure, not for his musical ability because they already had the bones of the song and anyone could turn Gaye’s into Thicke’s with the software that’s available now. It’s a soulless industry now.
Does there come a point where modern pop simply runs out of notes to play an starts to consume itself?
Anyhow, never mind all that. To my ears, pop music a la Spin South West sounds bloody awful. If young people were listening to stuff I liked that would be more of a concern. C’mon da Biffy an all that.
Anyone notice how much Dylan’s “With God on our Side” sounds like “The Patriot Game” by our very own Dominic Behan?
There’s a true scandal.
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