Homeowners in Northern Ireland more likely to have their homes repossessed

Homeowners in Northern Ireland more likely to have their homes repossessed

Homeowners in the North who fall into mortgage arrears are more likely to have their house repossessed than those in the Republic.

The Irish Times reports today that according to figures obtained by Belfast investigative website The Detail, under the Freedom of Information Act, 6,337 final possession orders were granted by courts in Northern Ireland from 2008-2011.

Figures supplied by the Courts Service show 2,327 orders for repossession were granted in the High Court and Circuit Court in the Republic during the same period. This is despite the difference in population and the extent of mortgage arrears in the Republic.

Read more in today’s Irish Times.

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