With all the talk about IIB/KBC trackers I have taken to investigating my own paperwork from Jan 07. To my horror I have discovered that my first loan offer papers had a capped tracker REFI plus 1.25 no more than 4.99 for 3 years reverting to plus 1.25 for the remaining term.
For some inexplicable reason this letter was replaced 11 days later with another offer with a fixed rate of 4.99 which at the end of the term we reverted to variable as the aforementioned tracker was pulled. In light of recent revelations regarding KBC IIB should my loan reverted to tracker after the initial 3 year fixed?
For some inexplicable reason this letter was replaced 11 days later with another offer with a fixed rate of 4.99 which at the end of the term we reverted to variable as the aforementioned tracker was pulled. In light of recent revelations regarding KBC IIB should my loan reverted to tracker after the initial 3 year fixed?