Nicola Geraghty has been on a 7.7pc interest rate since Mars Capital, which is seeking possession of the house, took over the chargeThe court heard she has been making monthly repayments of €650, but this fell ‘well short’ of the €1,925 she was supposed to be payingWoman who obtained a mortgage when she was only 22 and is €165,000 in arrears says she cannot plan for children’s future or get wed
Nicola Geraghty said her physical and mental health has been affected by the strain of the debt. Photo: Frank McGrath
A woman fighting to save her home from being repossessed has said that getting a mortgage when she was 22 ended up being “a burden that cost me my health, relationship and ability to live a normal life”.
Nicola Geraghty (41) and her former partner Aidan Power were approved for a €245,000 mortgage by Irish Life and Permanent (now PTSB) in 2006.
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