Thanks Mr P,
The principal property, in France, is fully paid for. Nothing owing at all.
The debt is on the property in Ireland.
My worry is that, should the Irish property be repossessed, I will lose the French one as well.
Kind regards,
M.
Hi there, everyone.
I'm desperately seeking some advice.
I have a house in an EU country which is likely to be repossessed (I'm currently paying all of the interest accrued but not the loan itself).
If/when this property is/were to be repossessed how does this effect my other property in another EU country?
In effect, will I lose the second house (permanent residence) as a result of losing the first property?
Many thanks, in advance, to anybody who has the time or knowledge to respond.
Kind regards.