Catriona Carey loses her family home after defaulting on her mortgage for 10 years

Former Irish ice hockey player Catriona Carey has lost her family home after defaulting on her mortgage payments for almost 10 years, the Irish Independent is able to reveal.

tart Mortgages Designated Activity Company took possession of the property in Weir View Hill, Co. Kilkenny on Friday.

According to sources, members of a company specializing in bailiffs and debt collection services were also present.

Locks on the property have been replaced and access to utilities has been closed.

It is understood that Carey had already vacated the house in recent weeks.

Start Mortgages was granted a writ of tenure in May after Carey accumulated more than €359,000 in arrears.

There was a three-month stay of execution, giving the former Kilkenny camogie player until August to leave home.

However, she had remained there until recently.

She had been given the option to stay in the house temporarily if she agreed to a private sale.

Carey, who has been embroiled in controversy over an alleged mortgage scam in which she took hundreds of thousands of pounds from people in financial trouble after promising to help them secure new deals to keep their properties, has had none of her own since November 2012 monthly mortgage repayments made longer, according to court records.

The outstanding balance of the property in March was €876,000, including the €359,000 in arrears.

She has also made significant arrears on a property she owns on the Laois-Carlow border, while another home in Kilkenny has been auctioned for €365,000.

The Irish Independent has also learned that a house she has let to a couple but owned by a relative is now up for sale. It will be auctioned off to the public next week.

Those who paid her thousands of euros for mortgage deals that never materialized will now have little hope of getting their money back because of the size of their own debt.

The convicted fraudster faces court again in January when she decided to challenge her four-year driving ban after initially pleading guilty to four traffic offences, including driving without a license or insurance.

Her appeal was made in Kilkenny Circuit Court last week, where she informed prosecutor Gerald Meaney through her counsel at the eleventh hour that she intended to appeal her conviction in full.

Mr Meaney said it was his understanding that the appeal was related to the gravity of the ban and there had previously been no indication that a full appeal would be lodged.

Carey, who was allowed to continue driving while awaiting the outcome of her appeal, was absent from court.

Judge Kenneth Connolly adjourned the matter until January to give the defense time to put together a case.

Carey caught the attention of Gardaí for driving offenses last year, receiving 12 penalty points for speeding in a 50 km/h zone and in a 120 km/h zone while she was caught driving twice while using a mobile phone in the hand held.

She received a six-month disqualification from November 8, 2021 to May 8, 2022.

However, she was stopped twice for traffic offenses by Gardaí while the disqualification was active.

Garda Thomas Loughnane stopped Catriona Carey driving her BMW on Castlecomer Road on December 10 last year.

Gda Loughnane said he knew Carey had had his driver’s license suspended and informed her.

Carey told the “This is my car” guard that she felt like she was being attacked, adding: “You expect me to get taxis?”.

Judge Geraldine Carthy considered Carey’s apology and guilty plea but said it was difficult to offer an apology when she was pulled over a month later after getting into a car “knowing full well that she is disqualified”.

She gave her a suspended sentence and a four-year driving ban.

It was not the first time she had been convicted at Kilkenny Courthouse.

She was convicted of fraud in February 2020 after altering a check she received from a client who hired her as his accountant.

Carey changed a check for €6,948 made out to the Inland Revenue’s Collector General, making it payable on himself instead, and cashing it at a bank in Kilkenny, a stone’s throw from the courthouse.

She received an eight-month suspended sentence.

Carey, who was seen driving a silver Jeep as the €55,000 white BMW she owns, which she bought with monies deposited into her company Careysfort Asset Estates account, remains impounded after Gardaí found him confiscated earlier this year.

More than €200,000 in client funds deposited into the Careysfort account by desperate homeowners were spent on personal items and services including the BMW 5 Series.

Carey received thousands of euros from people across the country through a mortgage program that offered to buy debt from her lenders at a discount once they paid her a down payment.

RTÉ investigations revealed how the deals never materialized and deposits were not returned.

She has since admitted that money is “gone and non-refundable”.

Garda’s investigation into the fraud allegations is ongoing. Catriona Carey loses her family home after defaulting on her mortgage for 10 years

Fry Electronics Team

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