← Back to Home

Blog

Latest news, updates, and insights on challenging unfair mortgage terms and protecting your home from vulture funds.

By ben

Focus on the various challenges faced by consumers whose mortgages have been sold to vulture funds.

We are seeing consistent patterns across cases and courtrooms. This update covers the main situations currently arising: We are assisting six consumers prepare Judicial Review applications against the Financial Services and Pensions Ombudsman (FSPO) for breaches of timelines recommended under the Alternative Dispute Resolution (ADR) Directive 2013/11/EU. Another client has his application hearing for a

Read more
By ben

Circuit Court Chaos, Judicial Reviews, FSPO Bureaucracy and Why the Fight Continues

Dear Subscribers, May has again highlighted the growing inconsistency across the Irish legal and regulatory system when ordinary consumers attempt to assert their European consumer protection rights. While some judges and legal professionals clearly understand the importance of the European Court of Justice (“ECJ”) rulings on Unfair Terms in mortgage contracts, others continue to ignore

Read more
By ben

Subject: Your mortgage is with a Vulture Fund; You need to read this.

Protect Your Home. Protect Your Future. Protect Your Peace of Mind. Facing the loss of your home to a Vulture Fund? Whether you’ve received court papers, are already in the process, or a Possession Order has been granted — this could be the most important page you read this year. We also assist homeowners who

Read more
By ben

Special Offer for Gold Members – Challenge Abusive Interest Rates

If your mortgage is now owned or serviced by a vulture fund, there is a strong likelihood that the variable or standard variable interest rate being applied to your loan may not meet the required standards of transparency under European consumer law. In simple terms:You must be able to understand how your interest rate is

Read more
By ben

A Message to Every Irish Homeowner Who Feels They Are Fighting Alone

Given the number of our clients in the legal process, we wanted to send you a simple but important message. Be brave. What is happening to thousands of Irish mortgage holders is not a personal failure. It is the result of a system that has become heavily weighted against ordinary consumers. Many of you took

Read more
By ben

Why EU Consumer Law is Different

Many borrowers believe that once they signed a mortgage contract, the court’s only job is to enforce it. That is how contract law traditionally operates. EU Consumer Law is fundamentally different. Under the EU Unfair Terms Directive (93/13/EEC), the court is not simply asked to enforce a contract. It must first consider whether standard terms

Read more
By ben

Who are Pepper, Mars Capital, Link Financial, Cabot Financial, Start, Everyday Finance, BCM Global, Cabot?

The Irish residential mortgage market changed significantly after the financial crisis. Banks such as AIB, Bank of Ireland, Ulster Bank, KBC, ACC, Bank of Scotland (Ireland), Start Mortgages and others sold large portfolios of mortgages to investment funds. Those investment funds typically appointed specialist credit servicing firms to administer the loans. The companies below generally

Read more
By ben

Legalised Harassment: How Vulture Funds have Weaponised the Courts against Irish Mortgage Holders

Ireland is facing a quiet but insidious financial scandal: the calculated exploitation of the legal system by Vulture Funds and their legal representatives, aimed not at repossessing homes but at maximising cash extraction from distressed consumers. These funds—global private equity firms—have acquired over 118,000 distressed Irish mortgages, originally held by regulated banks. Now managed by profit-driven servicing

Read more
By ben

Irish mortgage mis-selling: what you need to know

Mis-selling of mortgages in Ireland before 2009 is an issue that affects thousands of homeowners. Whether you were sold an interest-only mortgage, a mortgage that extended past your retirement age, a debt consolidation mortgage, or one based on self-certified income, you may have been misled. If so, you could be entitled to compensation. What is

Read more
By ben

Difference between buying a car and a mortgage; surprisingly no difference!

Before you read my article below, I want to explain why I am suddenly talking about car manufacturers, mechanics and faulty vehicles. Sometimes the easiest way to understand what is happening in the mortgage world is to step outside the legal language and imagine the exact same situation happening with a product everyone understands –

Read more
By ben

How debt servicing companies are profiting from mis-sold Irish mortgages

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. These companies are now responsible for a significant share of Irish home mortgages, and, according to

Read more
By ben

Have Legal Proceedings Issued Against You?

You Still Have Time to Act If you have received a Civil Bill for Possession, you are now in a legal process that can feel overwhelming. Most people in your position are thinking: “Is this the beginning of the end?” It is not. But one thing is critical: Do Not Wait. Take Action Now. What Most

Read more
By ben

Going to Court Without a Solicitor

What Your Affidavit Means – and What the Court Must Explain to You Many people attending the Circuit Court in mortgage or repossession cases do so without a solicitor. This can be intimidating and confusing, especially when legal language is used. This guide explains, in plain English: If you leave court feeling unsure, that is not your

Read more
By ben

Going to Court Without a Solicitor: Our Clients’ Experiences

I wanted to share an update on how our clients are getting on in Court. We have added a new page to our website about attending Court without a solicitor and your rights as a lay litigant: https://misselling.ie/going-to-court-without-a-solicitor/. We have now received a substantial body of feedback from clients about their recent court experiences. On

Read more
By ben

Your Consumer Rights explained; Mortgage Misselling

Dear member, this note is to explain what your Consumer Rights are as a European Citizen with respect to mortgages issued in Ireland prior to 2009. So if you are facing Court action, legal threats or had a Possession Order granted on your family home and you have been accepted as eligible by us for

Read more
By ben

You’ve been wronged; message to Lay Litigants and McKensie Friends

You’ve been wronged. That’s the basic issue with your mortgage; it was unsuitable for your family. The bank ignored the rules and you were always going to default on your payments at some stage in the future. Now the bankers want their money back and they have chosen to threaten or take you through the

Read more
By ben

Complaint to EU Commission re Irish Consumer Law regarding mortgage justice

Irish Government • Office of the Taoiseach • Minister for Justice • Minister for Finance • Office of the Attorney General Irish State Institutions • Financial Services and Pensions Ombudsman • Central Bank of Ireland • Courts Service of Ireland • Legal Aid Board Oireachtas • Joint Oireachtas Committee on Finance • Joint Oireachtas Committee

Read more
By ben

Are You Being Overcharged on Your Vulture Mortgage?

You Could Be Owed Thousands — and It Costs Nothing to Find Out** Across Ireland, thousands of homeowners have had their mortgages sold to so-called “vulture funds.” What many don’t realise is this:the interest rates now being charged often bear no resemblance to normal market rates. We Are Seeing Rates of Up to 9% Through

Read more
By ben

How debt servicing companies are profiting from mis-sold Irish mortgages

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. These companies are now responsible for a significant share of Irish home mortgages, and, according to

Read more
By ben

Irish mortgage mis-selling: what you need to know

Mis-selling of mortgages in Ireland before 2009 is an issue that affects thousands of homeowners. Whether you were sold an interest-only mortgage, a mortgage that extended past your retirement age, a debt consolidation mortgage, or one based on self-certified income, you may have been misled. If so, you could be entitled to compensation. What is

Read more