Decrease in number of mortgages in three months' arrears
The number of people falling behind on their mortgage repayments has decreased.
There were 73,719 homes in arrears of more than three months in May - a drop of almost 5,000 compared to the end of March.
That is about 15% of the overall number of residential mortgage accounts.
The Department of Finance is keen to emphasise the number of mortgages being restructured - and it says engagements between homeowners and their banks has led to 69,306 permanent mortgage restructures.
Buy-to-let mortgages have a greater proportion of arrears, with more than one in four of investment properties in arrears.
