Judge warns over home loans

A HIGH COURT judge has warned mortgage holders that the courts have no role to interfere in contracts entered into between consenting parties after one homeowner raised objections about being given a 32-year loan at the age of 48.

Ms Justice Elizabeth Dunne said the courts could not get involved in such cases although she acknowledged that there may be an issue of “unfairness”.

“There may be careless lenders, but there are equally careless borrowers,” the judge remarked.