Family lose €960k home after failing to pay mortgage

A Dublin couple, who reneged on their mortgage repayments just under four years ago, lost their upmarket Castleknock home to “the governor and company of the Bank of Ireland” yesterday.

Judge Jacqueline Linnane said in a reserved judgment at the Circuit Civil Court that Patrick and Angela McMahon had borrowed €960,000 to purchase their family home at 1 Park Lodge, Laurel Lodge, Castleknock.

She told Nevin Powell, counsel for the bank, that there was no dispute between the bank and the McMahons that the last instalment made by them was a €200 payment on July 1, 2013.