This thread being cited on Broadsheet given Leo’s sock-in-mouth episode re deposits
Perhaps they paid for his stamp duty if it was a 2nd hand house? Stamp duty was hefty back then
Varadkar’s apartment in deep negative equity
In 2005, he bought the Rosehaven penthouse, with a €355k mortgage from Ulster Bank.
In 2007, Varadkar, who last week revealed he had a 40-year 100% tracker loan, remortgaged his apartment for €405k.
Varadkar, a medical doctor and then a local councillor, was elected a TD in 2007.
We all partied, so to speak
I wouldn’t be surprised if the re-mortgage in 2007 was used to fund his election campaign in the same year.