Former Celtic star holds on to his house
Bankers halted a bid to seize a house belonging to former Scotland, Hibs and Celtic striker Derek Riordan over mortgage arrears.
The 32-year-old footballer was not present in Falkirk Sheriff Court yesterday (Wednesday) to hear a lawyer for the TSB Bank plc ask for an application for possession of the property, believed to be in Castleview, Airth, to be put on hold.
Solicitor Sarah-Jane Kissock, for the bank, asked for the case to be “sisted” – a Scots law term which means the case is put in abeyance – and Sheriff Craig Caldwell agreed.
At an earlier court date Miss Kissock asked for the case to be continued after Riordan had advised her that funds were in place for arrears totalling over £25,000 to be cleared.
Court insiders said the fact the bank had asked for the case to be “sisted” meant Riordan and the bank had come to a settlement.
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The luxury house believed be at the centre of the court case was hit by a major blaze six years ago when Riordan was renting out the property.