Finance[RTÉ’s business editor David Murphy on last night’s Six One news]

The Department of Finance’s latest figures on mortgage arrears for Ireland’s six biggest lenders involve some 80,000 mortgage holders who are three months behind with their loans.

While 77% of owner-occupier mortgages in arrears had not been restructured by the end of September last, that figure only dropped to 75% by the end of November.

An improvement of 2%, or approximately 300, of mortgage accounts ‘under reconstruction’.

Meanwhile, the number of controversial ‘split mortgages’ almost doubled, from 2,500 in August 2013, to 5,800 in November.

(RTE)

Do NOT follow this link or you will be banned from the site!