Hi, I wonder has anybody else had the same situation today. I noticed my mortgage repayment was down by €41 this morning. It's nothing like the kind of reduction I was expecting with a reversion to tracker rate, so I phoned UB house mortgages to enquire. Happy news is that my tracker rate has finally been restored although I haven't had a letter about this. I'm also happy that they've returned us to the tracker rate we had been on, and not a higher tracker rate which they offered us back in 2015.
I really hope some others among you have had good news too this morning.
Now I'm off to try to calculate how come, when the rate used to increase by 0.1%, my mortgage repayment would increase by €10 ... But when my rate drops from 4.1% to 0.75%, my repayments only drop by €40!
I really hope some others among you have had good news too this morning.
Now I'm off to try to calculate how come, when the rate used to increase by 0.1%, my mortgage repayment would increase by €10 ... But when my rate drops from 4.1% to 0.75%, my repayments only drop by €40!