Families face eviction as vultures swoop on homes and firms

200 families in Dublin face imminent eviction; AIB takes more than 250 cases against borrowers

13th March, 2016
4
60 families in the Cruise Park area of Tyrrelstown have already received notices to quit their rented homes by Twinlite

The human cost of the vast transfer of loans to so-called vulture funds is emerging, with new revelations this weekend that 200 families now face imminent eviction from a Dublin housing estate, and startling new data showing the scale of litigation against businesses and borrowers.

With private equity giants preparing for further repossessions and foreclosures, the issue is now becoming increasingly political. Fianna Fáil is this weekend saying the issue should be at the top of...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

A whole new level: Why Microsoft is paying $68.7bn to acquire Activision-Blizzard

Analysis: Northern Ireland protocol issue becomes ever more pressing as elections approach

Eoin Ó Broin: Focus on built environment is key to cutting emissions

Analysis: At what point could Covid-19 be reasonably compared to a cold or flu?