Couple on welfare were approved for €300k loan

JENNIFER* lost her husband to suicide after they fell into mortgage arrears — now she could lose her home.

She is one of thousands of homeowners in negative equity. But, unlike most, Central Bank investigators are examining the broker group which arranged the remortgage of the family’s home and the sales practices used to broker the loan.

Despite Jennifer and her husband being on social welfare and in arrears on their original mortgage, the couple was given a €300,000 remortgage.