10% of owners struggle to pay mortgage
The figures show more than 44,000 homeowners are at least three months behind with repayments, with the numbers struggling rising by 10% in the final few months of 2010.
More than 100 homes were repossessed in the last quarter — taking the total number since records began in July 2009 to 422. The September-December rate of repossessions is the highest in 18 months since the Central Bank started detailing the extent of the arrears crisis.
