Tag: repossession

The Pitfalls of Buying a Repossessed House

Repossessed properties are usually advertised as such. The vendor is a bank who has a mortgage on the property. The owner has failed to make the repayments. The bank has obtained possession either by having taken the necessary legal steps to evict the owner or the owner has voluntarily given […]

Reform of Repossession Law on the way!

There has been a lot of publicity about the recent memorandum of understanding between the Troika and the Government which requires the Irish authorities to “introduce legislation remedying the issues identified by case law in the 2009 Land and Conveyancing Law Reform Act so as to remove unintended constraints on […]