owner-occupied

29% of buy-to-let properties in arrears

29% of buy-to-let properties in arrears

Mortgage arrears on buy-to-let properties are running at double the rate of arrears on owner-occupied properties, according to preliminary data from the Central Bank. The latest Macro Financial Review shows that banks have lent €32bn to landlords for buy-to-let properties, but 29% of those mortgages…