Nearly one in 25 mortgage holders 90 days in arrears

ALMOST one out of every 25 mortgage holders have fallen more than 90 days behind in monthly repayments, with many people facing serious risk of losing their family home.

The average private residential home owner now owes nearly €150,000, but solicitors for lenders are increasingly pushing for payments or repossessions of properties.

Housing groups and legal rights supporters warned of struggling home owners falling even further behind in payments with rising interest rates.