Needless to say, I have a variable mortgage.
I can afford it (just about) but I am deeply unhappy with having to subsidise just about everyone who doesn't have one, and everyone who can't afford the one they have, variable or tracker.
I've just heard that AIB are about to raise the variable rate to 5%, adding €1000 p.a. to anyone with a €200k mortgage.
We were refused a tracker. If it transpired that they were still giving out tracker mortgages after we began our variable, I would be very interested in looking at the legality of this.
Thanks.
D.
Ps. I should add that we were refused a tracker in 2005.
I can afford it (just about) but I am deeply unhappy with having to subsidise just about everyone who doesn't have one, and everyone who can't afford the one they have, variable or tracker.
I've just heard that AIB are about to raise the variable rate to 5%, adding €1000 p.a. to anyone with a €200k mortgage.
We were refused a tracker. If it transpired that they were still giving out tracker mortgages after we began our variable, I would be very interested in looking at the legality of this.
Thanks.
D.
Ps. I should add that we were refused a tracker in 2005.