Couple who ‘blew €500k in spree’ lose home

A couple who, according to a judge, once owned six houses and blew more than €500,000 on themselves in a spending spree, lost their upmarket family home yesterday.

In the Circuit Civil Court, Judge Jacqueline Linnane granted Ulster Bank Ireland a possession order against Anthony and Miriam Freeman for their Villa Park Gardens home on Dublin’s exclusive Navan Rd.

Barrister John Donnelly told the court the Freemans borrowed €460,000 from the bank in 2003 and currently the balance on the mortgage stood at €590,000, which included arrears of €190,000.