Engine Driver
Registered User
- Messages
- 4
Hi,
I recently requested a copy of my Mortgage Loan Offer Letter from BoI, August 2004, which I received this morning. There was no mention of a tracker rate in the offer. My mortgage was fixed for 12 months @ 2.74% and then changed to variable at 3.55%. I subsequently:
fixed at 4.09% in 2005,
fixed at 4.39% in 2011,
fixed at 4.05% in 2013,
fixed at 3.65% in 2016.
I was never at any stage offered a chance to avail of the ECB Tracker rate since taking out my mortgage in 2004, only ever given the choice between the existing variable rate or the fixed rate. To date I haven't received any correspondence from the Tracker Review Board.
I'm wondering if anyone can advise me as to whether I have an argument that I had been unfairly denied the chance of availing of the ECB tracker rate and, if so, where do I go from here.
I recently requested a copy of my Mortgage Loan Offer Letter from BoI, August 2004, which I received this morning. There was no mention of a tracker rate in the offer. My mortgage was fixed for 12 months @ 2.74% and then changed to variable at 3.55%. I subsequently:
fixed at 4.09% in 2005,
fixed at 4.39% in 2011,
fixed at 4.05% in 2013,
fixed at 3.65% in 2016.
I was never at any stage offered a chance to avail of the ECB Tracker rate since taking out my mortgage in 2004, only ever given the choice between the existing variable rate or the fixed rate. To date I haven't received any correspondence from the Tracker Review Board.
I'm wondering if anyone can advise me as to whether I have an argument that I had been unfairly denied the chance of availing of the ECB tracker rate and, if so, where do I go from here.