Wicklow couple reach financial deal over home after long-term romance ends
A Co Wicklow couple, whose live-in romance broke up in 2016, today settled court proceedings over financial differences as to how much each should obtain out of the home they shared for 12 years.
Derek Coyle told the Circuit Civil Court that he had met Jacqueline Kavanagh in 2002 and they developed a loving relationship which resulted in his moving from his Blackrock residence into Ms Kavanagh’s home at 72 The Grove, Woodbrook Glen, Bray, in 2004.
Hospital porter Coyle told Circuit Court President, Mr Raymond Groarke, that he had shared part of a redundancy payment and a €60,000 personal injuries award with his and Ms Kavanagh’s family and made contributions towards mortgage, house and holiday arrangements.
He told his counsel, Marian Moylan, that he and Ms Kavanagh had lived together as if they were a married couple and shared a very loving relationship until it broke up. During that time they had shared expenses and joint payments towards the mortgage on which there was still €130,000 outstanding.
The court heard that in 2004 Ms Kavanagh had bought out the interest of her former spouse in the property, having raised a mortgage in her sole name. In 2006 they had jointly borrowed €220,000 to pay off a pre-existing debt of €160,000 and cover the cost of a €60,000 extension to the house.
Ms Moylan, who appeared with Patrick J. Morrissey solicitors, opened a number of Mr Coyle’s bank and Credit Union accounts and lodgements and withdrawals made by him with regard to house expenses, the purchase of a car and shared holidays.
Mr Coyle told Judge Groarke the house had been valued at €410,000 with an estimated existing equity of €239,000 of which he felt he should be entitled to 40 per cent.
After an adjournment following cross-examination by barrister Ferga McGloughlin, who appeared with Cullen Tyrrell and O’Beirne solicitors for Ms Kavanagh, Judge Groarke was told there had been talks between the parties and a settlement, believed to approximate to 34 per cent of the existing equity, had been reached. Judge Groarke made the agreement an order of court.
Judge Groarke congratulated both counsel on the settlement. He said it had been a difficult case well resolved.