Sale of Repossessed Home Withdrawn

Estate agents Lowe & Associates have withdrawn from sale today the repossessed home of Robert Marsh at 130 Comeragh Rd, Drimnagh. The house was withdrawn on instruction from Start Mortgages, the sub-prime lender that repossessed it.

Commenting on today’s events, Joan Collins TD said:

This is a victory for Robert Marsh and anybody else who has had their home repossessed. We publicly called upon Investec, which owns Start Mortgages, and on Lowe’s estate agents to stop the sale of Robert’s home. After several protests at their offices, the sale has been withdrawn.

We will now monitor all of the estate agents to ensure Robert’s home is not put up for sale elsewhere. We are calling for all repossession sales to be stopped as part of a general resolution to the unfolding mortgage crisis. We urge anybody with mortgage difficulties to come to the meeting next Sunday in the Red Cow hotel from 1 til 4 to get advice, to discuss ideas to deal with the mortgage crisis, and to campaign to stop repossessions.

If people in difficulty work together we can stop repossessions. Lenders are less likely to repossess if they can’t sell your home. So ‘Buyer be wary – seller beware’ is the message we are sending out today.

Enquiries and comment: Joan Collins TD: 6183215 or 086 388 8151