Brothers have home repossessed after making just two repayments in 10 years on €650k mortgage

Two brothers, one of whom tragically since became blind, have lost the €650,000 home they bought together in 2009 after debt on their joint mortgage spiralled to just under €1m.

Brothers have home repossessed after making just two repayments in 10 years on €650k mortgage

Two brothers, one of whom tragically since became blind, have lost the €650,000 home they bought together in 2009 after debt on their joint mortgage spiralled to just under €1m.

Judge Jacqueline Linnane, granting so-called vulture fund Promontoria (Oyster) Dac a possession order against David and Mark Darcy, said they had made only two payments totalling €1,600 in the 10 years since they had bought the property.

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