Details of ptsb's repossessions during 2015

Brendan Burgess

Founder
Messages
52,187
ptsb gives information on their repossessions which includes voluntary surrenders in Note 34 of their Annual Report.



The note is hard to follow, so I summarise it here:

upload_2016-3-9_9-43-13.png


If ptsb accounts for 15% of the repossessions, then the total number of repossessions which includes voluntary surrender would around 800 for the year.

Of course, there would be a lot of voluntary sales as well.
 
The losses were fairly severe

Balance outstanding on home loans: €27m
Net sales proceeds : €10m
Loss to ptsb: €17 m



upload_2016-3-9_9-47-1.png
 
Back
Top