Evicted pair own large property portfolio

THE COUPLE who have been evicted from their home in Killiney, Co Dublin, are the owners of an extensive portfolio of property, according to the files in the Land Registry and the Registry of Deeds.

The files, in which the couple’s surname is registered as both Kelly and O’Kelly, indicate that they bought 21 properties during the 1990s and the last decade, and remortgaged many of them with Permanent TSB in 2007 and 2008.

According to the registry of deeds, Brendan and Asta O’Kelly took out a mortgage with Irish Nationwide on their home in St Matthias Wood, Church Road, Killiney, in August 2004. Irish Nationwide is now part of the Irish Bank Resolution Corporation, formerly Anglo Irish Bank.

In 1998, a mortgage with Irish Nationwide was registered by the couple in respect of an apartment at Burleigh Court, Burlington Road, Dublin 4; an apartment at Abbeyfield, Milltown Road, Dublin; an apartment at Simmonscourt Castle, Ballsbridge, Dublin 4; an apartment at Wynnfield Park, Charleville Road, Rathmines, Dublin 6; an apartment at Capel Court, Capel Street, Dublin 1; an apartment at The Waterside, Charlotte Quay, Dublin 4, and an apartment at Deanscourt, Christchurch Square, Dublin 2.

The mortgage was satisfied in 2006, according to the registry records.

A number of separate mortgages with Irish Nationwide were registered during 1998 and 1999 in relation to 34 Eglinton Road, Donnybrook, Dublin 4 (the couple’s address before the Killiney address). These were satisfied in August 2011.

A mortgage with Irish Nationwide in relation to a property at Cannon Mews West, Beggars Bush, Dublin 4, and a second apartment in The Waterside, was registered in December 1999.

Another Nationwide mortgage that year was in respect of an apartment at Capel Court, an apartment in Trinity Square, Dublin 2 and one in Merrion Grove, Stillorgan, Co Dublin.

Also in 1999, they took out another mortgage with Nationwide against another apartment in the Waterside.

In 2000 they took out mortgages with Nationwide against properties at Stewart Hall, Parnell Street, Dublin and Mount Kennett, Dock Road, Limerick. In June 2007, they registered a mortgage from Permanent TSB against many of the above apartments.

There are only three instances on the registry files of Dublin apartments being sold by the couple. The apartment in Milltown was sold in 2002, an apartment in the Waterside in 2007, and one in Capel Court in 2009.

The Land Registry files for Co Dublin show the couple acquired an apartment in Ballintyre Hall, Ballinteer Avenue, in 2008 when a mortgage from Permanent TSB was registered, and that they own a second apartment at Simmonscourt Castle, Ballsbridge.

A March 2008 mortgage from Permanent TSB against this latter property is also registered against a property in Limerick and an apartment in Carlow.

Files in the Companies Registration Office show that Mr Kelly was or is involved in a number of property management companies including Steward House Management Ltd and Beggars Bush Management Company Ltd.