This has been a long time coming but it had to happen. There are many borrowers who are not paying a cent towards their mortgages. They should be targeted hard. Buy-to-lets too need taking back from those landlords where they are pocketing the rent yet not paying the mortgage. Those too which stand empty because the landlord cannot get a tenant either because of lack of demand or because s/he is trying to get far to high a rental.
Banks given repossession green light by Coalition - Independent.ie