A Dublin family have been told that they will lose their home even if they pay 96 per cent of their monthly mortgage payments. The loan is owed to Start Mortgages, a lender owned by US private equity fund Lone Star.
According to documents seen by The Sunday Business Post, an affordability exercise undertaken by Start Mortgages found that the family could pay €2,513 per month off a mortgage of €2,620.
However, Start told the family...
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