High Court refuses appeal and affirms the Circuit Court's decision granting possession of a property to the mortgage holder, after the borrowers failed to make payments for eight years, despite multiple demands and opportunities to resolve the arrears, the court finding that the mortgage holder had established a prima facie case for possession based on the borrowers' default, and the borrowers did not present a credible defense.
Possession order - mortgage default - prima facie case - credible defense - repayment obligations - statutory jurisdiction - Registration of Title Act 1964 - Land and Conveyancing Law Reform Act 2013 - transparency requirement - unfair terms - European Central Bank Rate - summary proceedings - affidavit evidence - stay of execution - appeal refused.