Thanks Brendan - so you think they will still refund the capital write off by cheque and just take the mortgage back on tracker rates at the exact same balance as currently is?Hi Sambo
They should put you back in the position you would have been in had you been offered the tracker.
So they will refund you the interest overcharge and pay you the compensation.
They should offer to take you back from the other lender at the current level. So if you have €300k they will just switch this amount - assuming you did not trade up or borrow more when you switched.
Brendan
I imagine the issue will be around legal fees we will have to re incur and also we will need to look into whether we will need to pay back the 2pc cash bonus we got from the new bank as part of the transfer deal !
Think I will just have to wait for the letter and see what options are !
thanks for update Brendan