Court grants repossession of family homes

THREE family homes were repossessed by lenders in the Dublin High Court yesterday.

Presiding Judge Elizabeth Dunne granted possession to lenders of six properties whose owners had fallen into substantial mortgage arrears.

The properties repossessed included a buy-to-let property in Dublin where €58,810 arrears had accumulated on a €296,000 loan from Stepstone Mortgages. Another mortgage for €360,000 had gone into immediate arrears with €51,300 now outstanding, equalling 38 months of default.