Top doctor hands back €2m luxury family home
A PROMINENT medical doctor and his wife have agreed to hand their €2m luxury family home back to a bank.
The decision of Dr Samuel van Eeden and Mrs Zelda van Eeden was made at Dublin County Sheriff's Court just months after the couple gave back a €1.6m investment property to another bank.
Barrister Anne Lawlor told County Sheriff Susan Ryan, that in December 2007 the van Eedens had borrowed €1,995,000 from Bank of Scotland to buy their home at 9 Knockdara, Seamount Road, Malahide.
She said mortgage arrears now stood at more than €250,000. Repayments had risen from €6,500 a month in 2007 to €9,300 and were 27 months in arrears.
Ms Lawlor said the van Eedens, with an outstanding balance of €2,082,000 on the mortgage, had consented to the bank being granted an order for possession of their home. Ms Ryan said she would put a stay of four months on the order and granted the van Eeden's solicitor, Jeremy Doyle, liberty to apply to the court.
Dr van Eeden is medical director of the Malahide Medical Centre and Arte Novi Clinic, which provides medical surgical and non-invasive cosmetic services at Kilronan House, Church Road, Malahide.
He personally presents an internet video promotion for the clinic, detailing cosmetic treatments available to the general public.
On March 23 the van Eedens consented to a possession order being granted to AIB Mortgage Bank against a €1.6m investment property at 10 Seamount Heights, Malahide, which is close to their home.
Ms Ryan was told on that date that AIB Mortgage Bank in February 2007 had advanced the van Eedens €1,650,000, which was to have been repaid by progressively increasing monthly instalments ranging from €5,500 to just under €11,000.