People in mortgage arrears urged to engage with lending institutions

People in mortgage arrears were yesterday warned that “sticking your head in the sand will not help”.

The comments came from David Hall of the Irish Mortgage Holders Organisation following the high rate of adjournment in repossession application cases in Ennis court yesterday.

A total of 67 repossession applications cases were before the Clare County Registrar, but the vast majority of cases were adjourned, with 23 of the 67 cases adjourned because the banks can’t locate the home owners or have their registered letters returned.