Hi,
In light of todays announcement by Mr. Noonan regarding the 6 lenders reducing rates for variable rate customers I have seen or heard no mention anywhere of all of the mortgage holders that were sold of to Shoreline (ex Irish Nationwide) and are currently paying high variable rates.
Is there any regulation or anything the government can do for these or are they (presumably) all at the mercy of Shoreline in terms of future increases / decreases of interest rates?
Rgds
Alan
In light of todays announcement by Mr. Noonan regarding the 6 lenders reducing rates for variable rate customers I have seen or heard no mention anywhere of all of the mortgage holders that were sold of to Shoreline (ex Irish Nationwide) and are currently paying high variable rates.
Is there any regulation or anything the government can do for these or are they (presumably) all at the mercy of Shoreline in terms of future increases / decreases of interest rates?
Rgds
Alan