Fahy Law are now representing many residential mortgage holders in Ireland, who may be entitled to significant and substantial interest rate rebates from Banks, Building Societies and vulture funds. In some instances, we are challenging the validity of the underlying contract and mortgage. Fahy Law has established a nationwide network of independent Legal Firms to act as their agents and to assist qualifying clients.
There is large group of residential mortgage holders in Ireland, who we believe are entitled to significant refunds from their Bank or Building Society, once they meet certain very specific qualifying criteria.
Based on the average initial mortgage amount and some other variable factors we are estimating that the average rebates will be between €20,000 and €30,000.
In order to process this large number of claims quickly and efficiently, Fahy Law have established a network of law firms throughout Ireland, who are regulated by the Law Society and who practice independently of each other.
Our Legal Experts have identified two categories of mortgage holders in Ireland who may be eligible for rebates, which will be processed in two different phases.
It does not matter whether you are up to date with your mortgage repayments or that you have come to an arrangement with your financial institution.
We will carry out due diligence to ascertain if you meet the qualifying criteria. Then it is up to you if you wish us to proceed with the legal process of claiming your rebate.
As part of this process we retain expert independent financial experts to determine the value of misapplied interest rates charged and rebates.
We will manage, arbitrate and where necessary prosecute your legal entitlements, whether or not all sums due are to be extinguished and/or you are entitled to substantial rebates of interest by way of a liquidated debt.
There is an engagement fee of €395 including VAT, which is only payable once we have conducted the necessary due diligence, established that you meet the qualifying criteria and you have decided to proceed.
This fee includes a fee of €200 (including VAT) to process your claim and €195 for Court Fees.
On the successful conclusion of a rebate for you, further fees will be due to us, which will be 25% of this amount plus VAT.
Recovered Liquidated Debt | €30,000.00 |
Fees 25% For Recovered Liquidated Debt | €7,500.00 |
VAT @ 23% | €1,725.00 |
________ | |
€9,225.00 | |
Balance due to you | €20,775.00 |
Note: In the unlikely event that we do not succeed on your behalf no further fee is due by you.
Our confidence in the integrity of our service is that at Fahy Law we manage your claim with the highest standards of integrity and ethics.