arrears Archives - Page 12 of 12 - MyHome.ie Advice & Blog

Stanley challenges government to provide assistance for families in arrears

Sinn Féin's spokesperson on Environment, Community & Local Government Brian Stanley TD has challenged the government to provide assistance for 9,000 families in arrears with their local authority mortgages. Deputy Stanley was speaking today after a he received information in a reply to a Dáil…

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Central Bank expects 'upward trend' in mortgage arrears

Mortgages & Money, Property News

The Central Bank has warned that it expects an “upward trend” on mortgage arrears. The warning came from the bank’s head of consumer protection, who was speaking at an Irish Banking Federation event in Dublin this morning. Meanwhile, Allied Irish Bank has said that just…

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Gas and energy disconnections fall by 10%

Home, Mortgages & Money

The number of gas and electricity disconnections fell by almost 10% in the first eight months of last year, according to new figures publish by the Commission for Energy Regulation. The figures suggest that more customers in arrears are successfully arranging pay agreements with their…

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Thousands of homeowners may be under-insured on their mortgage protection

Home, Mortgages & Money, Property News

TENS of thousands of homeowners may be under-insured on their mortgage protection, according to today’s Irish Examiner, with 20% of mortgage holders leaving their families open to thousands of euro of legacy debt. Almost 155,000 homeowners are struggling to repay their home loan each month.…

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One in 10 mortgages in arrears

Mortgages & Money, Property News

New figures have revealed that more than one in 10 Irish mortgages are in arrears. Another fifth of all mortgage holders are said to be having difficulties in meeting repayments, according to a report by credit ratings agency Moody’s. The figures highlight the pressure many…

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Barrister calls on struggling mortgage holders to "take a stand"

Mortgages & Money, Property News

A top barrister has called on struggling mortgage holders to come together in a national movement to smash the “divide and conquer” tactics of Irish financial institutions. Ross Maguire, a co-founder of New Beginning, proposes a "Movement of Mortgage Holders" to harness the power of…

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FLAC hits out at government inaction on mortgage arrears

Mortgages & Money, Property News

HUMAN rights organisation FLAC (Free Legal Advice Centres) has hit out at the government over its lack of action in dealing with the problem of mortgage arrears. Commentating following the release of figures by the Central Bank last week which showed that the number of…

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More than 100,000 now struggling with mortgages, new figures reveal

Mortgages & Money

NEW figures set to be released by the Central Bank on Friday will show that more than 100,000 people are now struggling to repay their mortgages. This will be the first time that the number of people in trouble with their mortgages has breached the…

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Government unlikely to come up with legislation forcing lenders to pass on ECB rate cuts

Mortgages & Money, Property News

Banks passing on the ECB interest rate reduction to customers is a “very important issue for the government”, according to Minister of State at the Department of Public Expenditure and Reform Brian Hayes. Mr Hayes admitted, however, that it was unlikely that legislation would be…

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