Central Bank should tell lenders to take back borrowers who switched after losing trackers

Brendan Burgess

Founder
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I am going to make a submission to the Central Bank as part of their review, that where it is found that a borrower unfairly lost their tracker, and later switched lender that the original lender is obliged to give them back their tracker.

For the moment, I am not interested in people who think that they lost their trackers unfairly. I am restricting this thread to the following cases:
1) The lender has agreed that you should not have lost your tracker
2) The FSO said that you were entitled to your tracker back.

But you had switched to another lender since.

ICS - FSO says I was entitled to tracker, but gave me only €2k as I had switched to AIB (Gabbo)

Just for the moment, I am only interested in establishing what the practice was for those cases where the tracker was confirmed as having been lost unfairly. I am not interested in the many cases where people switched but it has not been established yet if they should have been given their tracker.
 
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