Almost 20% of all mortgage holders now in arrears

Nearly 30,000 struggling householders are battling to cope with more than two years of crippling mortgage debt, official figures have revealed.

Almost 20% of all mortgage holders now in arrears

Nearly 30,000 struggling householders are battling to cope with more than two years of crippling mortgage debt, official figures have revealed.

As the country’s chronic mortgage crisis spirals further beyond control, the Central Bank found nearly a fifth of all residential accounts in Ireland were in some form of arrears, with around 4% in the worst category.

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