Category: News

If you were mis-sold a mortgage in Ireland before 2009, you’re not alone. Thousands of Irish residents are trapped in unaffordable mortgages, many of which were sold under misleading terms. While the Financial Services and Pensions Ombudsman (FSPO) offers a pathway for making claims, European Union law may provide a more powerful and effective route for getting justice.

In the wake of the 2008 financial crisis, Ireland saw a wave of debt servicing companies buy up distressed mortgage portfolios at rock-bottom prices. What looked like a lifeline for banks turned out to be a nightmare for homeowners.