Banca d’Irlanda per prendere possesso di D4 a casa dopo che la coppia non è riuscita a pagare il mutuo per 16 anni
https://www.thejournal.ie/bank-of-ireland-to-take-possession-of-d4-home-after-couple-failed-to-pay-mortgage-for-16-years-6647012-Mar2025/
di TheDirtyBollox
28 commenti
That’d do it
This country. A haven for non payers.
Just looked on Google maps. Address is on a very posh Mews.
>the couple had not paid a penny off their mortgage
15 years after they should have possession it sounds like
15 years 6 months longer than it should have taken
How is it possible not to pay mortgage for 16 years?? If it was me, the bank will chase me and penalize +repossess..
>When Farrington objected to the bank getting its costs, Judge Maguire said he had not shown the court any reason why the bank should not be awarded its costs.
Excellent. If you cannot learn your lesson then pay for your stupidity.
15 x 12 x (a month’s d4 rent) =
It’s worth it surely.
It’s very hard to remove people from the family home in Ireland. That’s why most mortgage providers in Europe will not touch Ireland.
16 years of not paying mortgage or rent amounts to nearly 300k saved. Not a bad deal.
They’ve probably saved enough to cash buy somewhere more modest.
Though they don’t sound very financially savvy so “saved” probably isn’t something that happened.
Mortgage was just over 1400 pm. Could have done the rent a room scheme, get close to the whole Mortgage in rent tax free and top up with social welfare. There’s probably an underlying mental health reason why this wasnt done, without knowing any of the details.
“failed to pay mortgage for 16 years”
Jesus Christ.
I have sleepless nights trying to keep up with my mortgage and not one payment missed.
16 years, Is taking the piss…..
>Judge Roderick Maguire today directed that the bank may press ahead with executing a possession order made against the couple in 2011 by Judge Jacqueline Linnane. Judge Maguire’s order means the bank can now send in the Sheriff to take possession of the Farrington home.
15 years sin e the order was ti reposses it.
Ridiculous.
https://preview.redd.it/x49nx8wgoaoe1.png?width=640&format=png&auto=webp&s=ea2c20b49c4dc27f05e8e08111f0fb9d72ba753c
Same energy
You mean we can just stop paying mortgages and it will be 2041 before they evict us?
I’m not enough of a chancer to ever get anywhere, I wouldn’t have slept a wink for those 16 years.
The hosue [https://deblacamandmeagher.com/projects/heytesbury-lane/](https://deblacamandmeagher.com/projects/heytesbury-lane/)
It’s just another case of WHO you know…
Like what am I doing? Am I just a mug, or do I just have enough self respect to not possess this level of brazen carry on?
For 16 years they got away with this, I am sure there’s no scenario where I would get away with it for 16 weeks before I was held accountable. Are these the kinds of people who will just simply ignore every threat, every knock on the door and every phonecall to continue getting their way?
Whether they have a cent to their name or not, they got to live for free for 16 years with zero consequences. Surely cutting electricity, water, something to the house would be the next reasonable step?
I just can’t get my head around this kind of stuff, how they got away with it for this long baffles me.
This is a big reason why getting a mortgage is hard in Ireland, why they are expensive and why foreign lenders don’t want to enter the market. If you can’t repossess it’s just a very large unsecured loan.
One of the reasons Irish mortgage rates tend to be what they are and we can’t get the super low rates of other European countries – 16 years (and counting) to get vacant possession to sell the underlying asset the loan is explicitly secured against. The rest of us pay higher rates to make up for these chancers.
Is there any way you could still end up ahead. What it had doubled in value since then?
So they got free housing for 15 years is what you’re saying.
Half of the people here are genuinely outraged, as for the rest of us, we’re trying to figure out how to do this.
If I don’t pay my rent for this month the landlord will kick me out immediately yet these people were given 16 years to live in their house?
Not paying his mortgage in 16 years but he definitely paid his solicitors fees or tried to get someone else to do it. I don’t like feeling sympathy for a bank but I do in this case, they are defiantly entitled to costs.
I wonder what the plan was keep delaying and appealing until the bank got pissed off or until the property increased in value so much that they got a better pay out after it got repossessed.