The Queensland state government has been ordered to pay compensation to a couple whose house was given back to the previous owner by a court, five years after it was sold
The state government has been ordered to pay compensation to a Queensland couple whose house was given back to the previous owner by a court, five years after it was sold.The court ruled they had been victims of fraudBut Jess and Jackie Morecroft may still be required to pay significant costs for the legal action that forced them to move out of the Gold Coast property where they have lived since 2018.
That ruling marked the end of a five-year court battle for the couple who have spent hundreds of thousands of dollars trying to keep their family home, which they purchased for $1.265 million at a mortgagee auction in 2018. The Queensland Supreme Court later found that mortgage was fraudulent and accepted Ms Issa's signature had been forged.
The court also found the seven mortgagees – described in the documents as "lenders of last resort" -- were not entitled to exercise the power of sale over the house.The ABC earlier this week revealed the Morecrofts were facing the prospect of trying to recoup their losses from the several mortgagees, who did not personally appear during the Supreme Court trial over the house.
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