Homes From Hell - Northern Ireland
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- Опубліковано 12 лип 2010
- Seadna and Mairead Billings tell the series how they took out a 100 per cent mortgage of £175,000 to buy their dream three-bedroom new-build home near Belfast.
The couple moved in in 2008 and soon discovered the surrounding houses were all empty. The estate was meant to have 70 houses on it, but work had stopped due to the property crash, many homes were not finished and only a small amount had been sold.
The estate became a 'ghost-estate', one of around 621 in existence in Ireland. Seadna and Mairead tell the programme how they were living alone in their street and the derelict houses around them were soon under-siege from vandals and rodents.
As he peers through the windows on the abandoned estate, Seadna says: "Fireplaces are ripped off and skirting boards taken up and doors taken off and you can just see the vandalism and theft that's gone on around the place...it just gradually got worse and worked it's way down closer and closer to us...we were worried, if we were going to be sitting in the living room, if there was going to be a brick come through the window."
Eventually the couple decided to leave the property and move into a rented house. Now, after being left paying rent and a mortgage, they have decided to declare themselves bankrupt and have the house re-possessed. In emotional scenes Seadna and Mairead show Homes From Hell the home they had hoped to raise a family in which is now derelict and boarded up.
Why didn't the government step in, and finish the homes, and rent them out as council housing?
What a waste of potential accomodation.
Awful for this couple who thought they were making the right decision to secure their future. I wouldn't trust the government - which government would it be anyway? Westminster or Stormont? Perhaps a realistic future for this estate might be something similar to what is going on in Toxteth. People who will make a commitment to live in the properties and work locally get a property for £1. The property developer should pick up the tab for the shortfall, creating a housing development which has come to this. Seadba and Mairead should be top of the list if they would ever consider going back. Wonderful people who would be a pillar of the community wherever they choose to go.
Reggie, the end result would have been the same, whichever way you play the game.
bank was trying to get some more money back from a build they probably financed
There is no government in ni rn
We had no government
Just checked in 2019, most of this development still lies vacant, selling for £115,000-140,000.
Almost 10 years later...
to be fair , if you are a baller , you buy them bulk, at 50k each , put a security firm on location 24/7 , refurbish them , sell the on at 125. -150. buy enough and you would be making alot of $£ , very fast
They did the right thing declaring themselves bankrupt. No point paying on a mortage for a house you're not living in.
That's one solution, but didn't the community have insurance? And could they have sued?
They did the WRONG thing by not living in it.
@@ramona4913 sued for what exactly? Other people not buying houses at the height of the property boom?
Poor people. What a shame.....impossible to try sell that home. Hard-working people who did nothing wrong and pretty much are forced to bankrupt. They never missed a payment. I can not blame them.
Welcome to the system
Rose Breden Agreed. What a nightmare. I hope they can weather their storm without turning on each other in some way. Not many couples make it too far nowadays. Especially with that kind of stress. And well ,North Ireland's perpetually shaky status.
This is a very tragic story for this lovely young couple....I wish them all the best in their future! God Bless...🙏🏼❤️🍀
This is how offenders causing vandalism should be taught
step 1- Tell them not to do it and order them to pay damage fee's
step 2- Boot the shite out of 2nd time offenders and make them fix everything and pay as if the person needs builders to come in and fix it
step 3- Cut hands off of 3rd time offenders
+Jay Stewart Step 4- pay them welfare for the rest of their lives because they can't work due to missing hands.
Sulfen
That's the beautiful part pass a law beforehand if someone gets disabled because of illegal activity a permanent ban on welfare, i.e. benefits
You guys are all weak-minded pussies. First offense, clear evidence, kill them (efficiently and humanely), and steralize their relatives. After a few years, the problem solves itself entirely. It is also very cost effective, and sends a VERY clear warning.
@Laura L Your an idiot I feel sorry for you but maybe not,God can deal with you !! ,Insulting other people and their religion same God for most whites what rat race of people did your DNA arrive from ,you must be on Angel status.
ya in America step two is a shotgun with rock salt and you pay damages.
I feel so sorry for this couple. The government should have intervened.
Why?
Need a functioning government to be able to do that and Stormont isn’t capable of it.
Which government
Is Belfast Ireland again o 👍
Filing bankruptcy is the best decision they made. They are young enough to recover.
God bless the couple. They WILL recover from this (perhaps they already have). I recovered..
So sad for this lovely couple.
They didn't deserve this. They don't deserve to have the rest of their lives ruined - I wish the courts could see how this happened to this couple. It's bullshit - the developer should be paying the price for this disaster.
2ndhandSue the developer is a victim here too. He ran out of money due to the recession and couldn't finish out the neighborhood. No one could buy remaining homes thusly both the developer and these people are victims of the worst crash since the Great Depression
I know the developer, he lost everything and he himself had to file for bankruptcy. The site has been taken over and even more houses have gone up with everything repaired and all being sold
Good to hear. Can’t just hold onto unsold homes and not keep them up to community standards. Markets can turn at any moment.
Here in the US bankruptcy is viable for 10 yrs, then you can start clean and build your credit, how does it work in UK?
Fiona Devlin How long did it take after this video was shot for a new developer to come in and sort it all out?
you would think some developer would buy that all up at a bargain basement price and rent them out.
One would think, but unfortunately there are no big bucks in it for them, and that is all they care about.
Pond Scum like developers are just that "the real scum" they have no regard or care for any other human beings except themselves......and nothing has changed obviously in many years as the housing crisis just worsens with each coming year .....
Sonjia Lancaster if there is no money in it for them, then why would they do it? Isn’t it the point of doing business to make a profit?
@@brendabrenda6843 that's the point she's making🙄
It's a deliberate tactic, this has been done so many times around the world. Look what happened in New York. These places are deliberately run into the ground through zero policing. The price will drop and drop then the "authorities" will come in and save the day and just WATCH who gets those houses for free/next to nothing - why the elites of course!!!!
It's a well orchestrated plan. Think it through. Looj at what Cork City Council have done to areas like Barrack st - drove good people out of their homes with the Gardai doing nothing to counteract the criminals that forced people out. Now they're claiming they want to rebuild it with families, when they drove all the original families out, assisted by the Gardai - you can bet the developers will make a packet!!!!
I feel sorry for Mairead. The couple did not do due dilligence. Never, ever buy in an escalating market. A first house should be a fixer upper in an established neighborhood. Bankruptcy is the only option is this case.
I'm very sorry to you both, God will bless you. Stay strong!
God didn't bless them before - why now?
Bloody unfortunate for these two good people who got screwed. I wish them the best of luck.
So sad...hope they are doing well now💜
dude has a good attitude!
That's my art teacher MR. BILLINGS !!!!!!!!!
LivASMR he’s my art teacher in mercy collage now
@@hollie5711 theyve been treat disgustingly and they seem like a nice couple. I cant believe these big companies can get away with it but then you realise a load of councillors get backhanders for shit like this.
I also feel so sorry for this young couple. I wish I could help them but I can barely manage for my own. I can at least offer up prayers for them. I wish the very best for them.
Yes. Because prayers solve everything, obviously.
@@MorgueOfficialMusic
R U D E .........Get a REAL life ..... because when you pass ...... it will be hot where you are going.
L O S E R .........
@@jimadams8272 😉👌🏻
Mrs billings is my favourite teacher! :D
Feel so bad for this young couple, a very hard way to start out.
evangelinebellinger They will be able to be debt free after a year that millstone around their necks and then can move on with their lives, both i think are employed so they would have a lot going for them.... a few years down the road this will be all in their past..... plus they have each other thus bricks and mortar means very little on the scheme of things....
Ireland is such a beautiful country. I would have loved to live in that area such a beautiful landscape ... Its so sad what this young couple went through. I hope they're doing better now.
*Northern Ireland
@@kylevauls5387Ireland*
Here in the U.S., thanks to Wall Street, 50-75% of U.S. home owners filed for bankruptcy and eventually became homeless and still...never recovered. Many relocated to the warmer states and continue to live in their cars, campers and tents!
I'm from Coalisland and had no idea that estate was in that condition. Drive past it quite often but never seen inside. Mairead and Seadna were very unlucky with the hosuing collapse coinciding with their move. The one thing that does baffle me is why they would leave Belfast for here. First chance i get im leaving (and im in quite a nice part of town). All the best to the Billings, hope things have worked out well.
Ali74 All the best to you too.
Haha these two always covered our classes in school. I remember mr Bilings playing Pharaoh in the school play Joseph!!
I do feel sorry for this couple tbh, £175,000 debt for nothing. Terrible :-(
strange how the housing executive have limited houses to offer people in need when they could probably buy these houses at a very small cost n give them out.... we must ask ourselves, who are the idiots that try to run this country?
It's a problem in America as well. It's sad
+KnowledgeNerd if you can't afford a family you shouldn't get my tax dollars
neill brammeld Britain
Do you give your money away? Why should anyone else?
I know!! All these houses, A lot of people that need houses.. Jeez.. why not just fix them up so everyone has a house instead of all this waste!!
This is so sad.. I hope that they can get some peace in their lives after all of the mess ,they have been through.
I was christened a Cadillac (Catholic) but I would happily marry a Protestant, even if they were deeply religious, if it felt right.. I wouldn't dream of interfering with their beliefs.... as long as they respected mine.. I am more spiritual than religious. I feel great empathy for this couple.. They didn't deserve this to happen to them.. The every day citizens are very unprotected in life in general. Just because two people may have different backgrounds or beliefs it doesn't mean any friction and or aggression needs to occur. Respect each others beliefs and get the same in return.. Nothing wrong with that way of life what so ever as long as one doesn't encroach on the other. Keep the place insured if vandals in the area and you don't feel safe living there anything could happen? Even a bad fire or gas explosion?
U are correct. They are salvageable. Fix them up and provide 24hr security until all the homes have families living in them. Good luck.
This is so heartbreaking!
poor couple my heart goes out toyou both ,i hope life treats you better and soon.
Don't be ashamed!!! File the BK and in a few years your credit score will go up. Take your money out of the bank before you do. You can explain one BK but not lots of credit cards.
I really feel for this couple.i see the pain in her soul and it really hurts.😢 amazed to see her smile n laugh it off in the end, was like seeing the pain release from her. Best of luck to you 2.
The same exact thing happened her in the U.S. It's amazing how human behavior around the world is the same.
the banks funds should be frozen and they should get bad credit rating not the people they manipulated into paying interest in these loans. The Irish government should step in provide security and fix these places and offer these homes at a reasonable rate.
You mean the British government! They are in Northern Ireland not in the Republic.
I'm so sad watching this, when she cries, I'm in tears too!! Love and best wishes to you both for the future xx
When she cried it was soooo sad.
Great couple. She looked so sad and hacked off sitting in the car outside their old home. I hope things have went better for them.
Best of luck to you both 🇦🇺
9:24
*NOT* being able to "get credit" is one of the very *best* things that this young couple will take away from this experience with international organized crime.
"Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry."
~ Polonius
*LIVE WITHING YOUR MEANS!!*
Except when it comes to getting a mortgage. Good luck saving hundreds of thousands of pounds to buy a house outright while still paying rent. Perhaps you'll get to move in when you retire.
*SCRIMP AND SAVE! BECOME A "SKINFLINT"*!
Do the same as you would with a first car:
"Buy here pay here" - make a deal with the OWNER.
Save up and buy a sound home in need of repairs at a very low price in a decent neighborhood and fix it up *yourself* and resell at a good profit. Doing the same, work your way up to the house you want to actually *live* in.
That's what I did.
I started out with a £6,000 55 sq. meter house, sold it for £24,000 then bought a 5 bedroom 3 bath 223 sq. meter Victorian house for £18,844 and resold it for £300,000.
It *can* be done but it takes a bit of brain and sweat.
You *CAN* outsmart the usury money lenders!
I suggest you read *CHARLES GIVENS* book. *WEALTH WITHOUT RISK*. I followed it and made my first million within *TWO YEARS!*
*ALWAYS* be sure to get written *contracts* including EVERYTHING *YOU* want!
Good luck!
You *CAN* do it!
In a houseing boom there is no fixer uppers.
They could afford the loan.
The neighbourhood wasn't completed and the house isn't possible to sell
You are a spammer
Tha Hool
No.
I'm the one that retired at 53.
You're the one simply too stupid to pay attention.
There are many many MANY properties at discount during a "boom". (You're just too dumb to even look them up!)
Instead of giving your loudmouth BULLSHIT about finance, you, my friend, should be BEGGING for sound advice!
moron
t4705mb6
Yeah you go on a rant about whatever which make you a spam artist like many others on youtube.
The video is about a couple buying a newly built house in a development.. The market tanks and the development isn't finished. The house they own they can't live in . They can't sell it..
What you are saying isn't applicable to the situation. Sure there are fix up apartments and houses available but it's not a viable route for many people.. You still need someplace to live and rent in addition to the house costs will cost alot of money ..
Double wide route isn't really an option outside the US.
Lay off the glass pipe
Amazing how they are still both so positive.
No neighbours? Sign me up.
yeah some 4 mm sheet metal and tall posts around the yard i would have no problem living there and im pretty sure the vandals would be the ones moveing out
yeah the problem is that is not politically correct just take a look at southern California the most politically correct place on earth
A cat and a terrier.
they are gonna need a lot more than a brick to get through the 4mm thick sheet metal.
@@dementedbowine8681 The decaying human corpses around your perimiter should send a clear message. If not, some 15mm sentry guns should hasten the desired results, Just hope you are REALLY good with growing your own food and creating your own energy reserves .... OH WAIT, I guess you really didn't think it though afterall.
You can guarantee the developer didn’t go bankrupt and still lives in a nice house!
Who vandalises other folks property? Is it drugs or mental illness?
Boredom coupled with improper parenting and poor role models therefore failing to instil values.
You strip the place of its valuables and you sell them !
Both I imagine
"I fucked up in life and I'm a bum, but I want to ruin other people's lives too because I'm scum and cannoy tolerate other people's success."
People stealing the fireplace likely selling to people renovating properties or building.
I feel so badly for them. I hope their lives got better!
The home purchase contract should be considered null and void. The builders did not uphold their end of the contract with a livable house.
where is city government and police to stop the vandals and the destruction
Toob bad. That's is quite a nice development building wise
Of course they are depressed. They lost their dream house. Everything got to expensive. The land, labor, loan and interest charges, building materials. I think in the back of peoples minds everyone knew it was out of control. It was make the most money you could as fast as you could. Most knew unconsciously this was going to be the end result. I feel sympathy for all affected.
I could listen to this woman read the phone book. What a voice!
ya crazy this is a real problem all over the world best of luck to both of these wonderful people I know how hard it can be to have to move on.
Well I will apparently watch anything if it is narrated by Richard Armitage. :) Can't get enough of that gorgeous voice.
vandalism? probably the ppl that own them coming back and ripping windows and fireplace out. i would dismantle the entire house brick by brick!
Oh wow, I am so very sorry for the Billings. Much of the same happened here in the U.S., and back then, my wife and I were living in Las Vegas, NV. I had bought my new home in 2003 and was all right. I worked for the federal gov't and had a good and fair mortgage with my Veteran's Administration backing my loan (fixed rate of 5%). Not very many other folks in Las Vegas were that lucky, though, and the city really suffered through a very, very bad time. LOTS of foreclosures and lots more people losing their jobs in the casinos, in addition to their homes. They say that we're probably going to go through another financial crisis in the not too distant future, largely because nothing was done to prevent what happened in 2008. They didn't reinstate the Glass-Steagall laws that were put in place after the 1929 crash and not a one of the corrupt banking/financial institutions were ever held to account for their shady dealings that caused the crash in 2008. The situation sucks, which is exactly why I am voting for Sen. Elizabeth Warren in the upcoming 2020 U.S. elections. I've had enough of the crooked Republicans and their asshole, scheister politicians. Good luck to the Billingses. I do hope and pray that things have worked out for them, somehow. I hope that they have gotten back on their feet and are prospering again. May God bless them!!!
Anyone have an update on this property development ? Current valuation ? Are they all occupied ?
Hey, no neighbors!
Well what this young hardworking couple had to go through is the most despicable thing I have ver heard. I hope they can move forward and hold their heads high. I wish them well and hope around the corner they life will change for the better. God bless them
Poor People my heart went out to them - I wish them the best in the future
Just came onto this video at random and found my art teacher lol
He's gone prematurely grey, and she's pretty much dead.
mr billings my art teacher is the absoulute best ever :P ifeel sorry for him :(
believe it or not but now around that estate they have added more than 20 houses
I wish you guys the best of luck . I pray you find your home of your dreams . God bless! 🌹
they are awesome teachers i hope things worked out for them ...good people they are
55% of the homes were under foreclosure in Las Vegas at that time. At this date 20 % of
the homes are still in foreclosure.
a beautiful couple
wouldn't go that far
I really hope things have picked op. I wish them all the best!!
I believe that even if you are bankrupt, you can still have a 'cheque book type of A/C but with a building society instead of a high st bank. I wish you both well.
wow this story is very sad. i feel for those people.
I feel for this couple .
So all these houses are sitting empty, and yet we have homeless people sleeping on the streets. WTF is wrong with our society.
@Keith Rushforth, the Governments are corrupt and there is no Justice for the many....
It is very sad that these two Teachers have to learn such a hard lesson. It is greed all over the world, call it mortgage fraud. This needs to be turned around fast.
Why did they blank out the number plate on the car?
Better to live in a caravan until you can afford a house ...better than 25 years of Usery mortgages are a scam
Wish them the very best
I thought it was just in America that there was no justice, but now I see it's EVERYwhere. The up side (sic) is that they are young and they will recover from Bankruptcy and be able to save money for their REAL Dream Home. May God bless them abundantly.
HI MR BILLINGS!! OMG. UR NOT WEARING GLASSES!!
I'm glad they got each other. Stay strong and it will all get better. I pray for you and may God make it easy on you. 😔😔😔
It's sad to see that. I am a few years older than them & I bought my house early in life. It was in an older neighborhood so when the crisis hit, nobody was upside down on their mortgage.
Values went down for several years but it didn't really effect anyone.
It wasn't anything I did right, I just got lucky on when and where I bought.
They were doing exactly what I did 15 years earlier but the bottom fell out on them.
That's what you do for your future. You buy a home when you can and you work to pay it off so you have an asset & a secure, cheap place to live when you are older. They were doing exactly what you are supposed to do for a secure future but it went bad on them in a way nobody could have predicted. It hurts my heart to see things like that.
Wow....interesting to learn that the stories from housing bubble and mortgage crisis in the US and Europe are so similar. Doesn't make it any easier, but I am curious now to understand if the same sub-prime borrowing and over-leveraging which existed in the US was also a root cause of Northern Ireland's problems.
That’s a disgrace with all the homelessness about 🤬
Thank God I have no money
That’s not a house from hell its a perfect grow setup
Apply reversal of sale due to inappropriate living conditions and moral damage.
Well said!
have you tried getting a pest control for the house and renting it out in the mean time and cleaning it up even if it is messy so that the place will improve
would you rent from a landlord with no equity?
I so wanted to hold her when she started to cry. 💔
I wish them all the best. its only for five years that they won't be able to get credit and after that the slate is clean.
Very sad this happen to them. They have each other and can still have a bright future.
Awww feel so sorry for this lovely couple
Its was really tough luck but I think these two will have what it takes to move on. Hopefully they can laugh about it one day.
Spookily I went to a boarding school called Millbrook , and that was a waste of bricks too . X
Same as Malaysia real estate, you be lucky if they ever complete the project, but if they do, everything will fell apart. Crime is high, it is never safe to go out at night. Never invest in Malaysia, no matter how low their currency is.
Wow did not know that something like this could happen
I watched a number of these videos about incomplete houses with underwater mortgages. This is happening all over the world. The elephant in the room are the bankers who wrote the legislation that legalized complex lending devices designed as a debt trap. Then they bundle-up the mortgages and sold in them unwarey investors or employee pension plans. They knew full well that when the interest re-adjusted that it would result is losses for all involved. This was a massive debt trap on the part of the banks that insures that the only one who wins are the banks. The only government and people to defy this criminal situation is Iceland.. They said, Fuck you!.. England and the Nederlands threatened to put Iceland on the terrorist list. That ought to tell you something..
That was over 10 years ago. I bet the houses are probably been resold and work twice what they initially paid for it by now. How did the government not buy all those houses for $1 each and turn them in council houses?
I am pretty sure that either their students are vandalising their home or the builder is the father of their one of the students.
This is crazy. On the UK Mainland, there are not enough houses to go around. And in Ireland 1-in05 is empty? Not sure how accurate those figures are. If that was in Scotland, someone would buy them all for cheap, and devleop them in no time. None of that helps the housing boom, crisis, whatever you want to call it. But that would not be happening. even in Council Estate areas now, people do not tolerate vandalism to others homes. People get involved.
What a shame those idiots tearing up those new houses like that
Those look more like a apartment complex than a single home.
So sorry for the both of them,what a horrible thing to happen