Reflections
Registered User
- Messages
- 33
Hi Brendan,
I have a quick query im hoping you can clear up for me. I have been keeping an eye on this issue with trackers with a few of the banks and from a personal point of view i am trying to figure out if i have any grounds at all to take my issue further.
I took out my PTSB mortgage in 2006 on my new house and was on a 3 year fixed of something in the region of 2.8. When my fixed period was up, i received a letter from PTSB telling me that my options were only variable or another fixed. At this point PTSB's rates were competely extortionate in these areas (i think they were in the region of 3.5 variable and 4.6 for 3 year fixed) so my only option was to move banks because at the time i could not afford their 3 year fixed, which i did in December 2009 to AIB for a new 3 year fixed rate of 3.19.
My question is, should i have been offered a tracker from PTSB in 2009 and if so, do i have any grounds at all to take it further? I may be grabbing at straws here but its something i have to find out for myself just in case i got screwed over by the banks again.
Many thanks in advance for any information you can confirm.
Regards
p.s. Great website by the way. Its been a great source of information to me for the last year or 2 since i discovered it.
I have a quick query im hoping you can clear up for me. I have been keeping an eye on this issue with trackers with a few of the banks and from a personal point of view i am trying to figure out if i have any grounds at all to take my issue further.
I took out my PTSB mortgage in 2006 on my new house and was on a 3 year fixed of something in the region of 2.8. When my fixed period was up, i received a letter from PTSB telling me that my options were only variable or another fixed. At this point PTSB's rates were competely extortionate in these areas (i think they were in the region of 3.5 variable and 4.6 for 3 year fixed) so my only option was to move banks because at the time i could not afford their 3 year fixed, which i did in December 2009 to AIB for a new 3 year fixed rate of 3.19.
My question is, should i have been offered a tracker from PTSB in 2009 and if so, do i have any grounds at all to take it further? I may be grabbing at straws here but its something i have to find out for myself just in case i got screwed over by the banks again.
Many thanks in advance for any information you can confirm.
Regards
p.s. Great website by the way. Its been a great source of information to me for the last year or 2 since i discovered it.