"An acquaintance of mine with a €450,000 tracker mortgage with a foreign-owned bank was offered €100,000 to convert it into a standard variable-rate loan. That's the equivalent of a 22pc writedown."
Independent Article
http://www.independent.ie/business/...bn-problem-and-not-a-euro6bn-one-2866134.html
Anyone try to negotiate with lender on above offer or similar ?
Independent Article
http://www.independent.ie/business/...bn-problem-and-not-a-euro6bn-one-2866134.html
Anyone try to negotiate with lender on above offer or similar ?