Investor Presentaiton
Irish residential mortgage arrears are improving across
all duration categories; environment still dysfunctional
Mortgage Arrears (90+ days)
120
PDH Arrears
(by thousands)
Total Restructurings
Reduced
Payment,
7.0%
20%
18%
16%
14%
12%
10%
8%
6%
4%
2%
0%
Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2
09 10 11 12 13 14 15 16 17
PDH + BTL (by number)
PDH + BTL (by balance)
Source: CBI
100
80
60
40
20
20
Split
Mortgage,
22.6%
Term
Extension,
12.5%
Capitalised
0
Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
09 10 11 12
13 14 15
16 17
Other*,
22.3%
arrears, 31%
Over 90 days >720 days
■361-720 days 181-360 days
■90-180 days
Interest
Only,
PDH mortgage arrears have fallen steadily since 2013. The smaller BTL market (c. 25% of total) has higher arrears but also saw
declines in the same period.
121K PDH mortgage accounts were classified as restructured at end Q1 2017. Of these restructured accounts, over 85% were
meeting the terms of the restructured arrangement.
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
* 'Other' comprises accounts offered temporary Interest rate reductions, payment moratoriums and long-term solutions
pending six months completion of payments.
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