Department of Finance figures show there has been no change in the number of mortgages in arrears which have been given restructuring arrangements by banks in the first three months of the year.  

The data shows that at the end of December 74% of mortgages in arrears of more than 90 days had not been restructured. By the end of March, that figure was unchanged. 

Yesterday, new figures from Fitch showed that Irish mortgage loans in arrears by more than three months continued to increase.

Fitch said that arrears reached a new high of 18.4% of the current balance in the first quarter of 2014, up from 16.7% a year earlier. It said this was mainly due to the increase of arrears in the buy-to-let sector. 

However, in a more positive development the figures showed that many banks were giving people restructures before they get into arrears. 

At the end of last year a total of 45,000 restructures had been granted by the six main lenders, however, this had reached 62,000 by the end of March. 

A key growth area were split mortgages, of which there were 10,000 by the end of March.