Monday 26 August 2019

Wexford has third highest rate for home repossessions

By david looby

COUNTY Wexford has the third highest rate of home repossessions in the country, with 68 homes repossessed in the first six months of this year.

Some 68 orders were granted at Wexford Circuit Court between January and June this year - 32 for primary homes and 36 for buy-to-lets.

Nationally, the number of homes being repossessed is continuing to rise with orders being granted at a rate of more than 60 per week when the courts are sitting, Courts Service figures show.

Almost 1,000 repossession orders were granted in the courts in the first six months of this year, with the number granted in the Circuit Courts up almost 200 per cent on 2014.

A total of 900 repossession orders were granted in the State's 26 Circuit Courts between January and June, compared with 313 in the same period in 2014. In the first six months of 2012, some 141 repossession orders were granted across the circuit courts. In the same period in 2013, 191 repossession orders were granted, increasing to 313 in 2014 and 900 this year.

Wexford People

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