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25 Dublin City Council Homes C...

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25 Dublin City Council Homes Could Be Repossessed

98FM
98FM

08:34 26 Jan 2015


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Dublin City Council plans to repossess 25 houses this year.

Unpaid debts on home loans taken out with the council, have hit over 15 million euro.

Its the highest level of mortgage arrears ever owed to the local authority.

Almost half of all homeowners who have home loans with the council are behind on their payments.

Karl Deeter from Irish Mortgage Brokers believes the council will have been left with no choice but to reposses some homes:


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