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  1. L

    BOI Appeal - addtl info req'd by Panel from Bank in Dec'18 still not rec'd

    I would find out from GT exactly what information has been requested from BOI. Ask for it in writing. I've found the people on the GT helpline pretty open and surprisingly helpful. They have put answers to questions I've put to them, in writing to me. I'd get on the phone to them and find out...
  2. L

    AIB Contributing to the AIB tracker court case

    I'm not even an impacted AIB customer but I'd be happy to support this action!
  3. L

    Actuarial support for Tracker Appeal

    As noted on a previous thread about this from Jim Stafford..."one way to present your case to the Appeals Panel would be to present a "Before and After" computation i.e. show what the present day value of your pension fund today with what the present day value of the fund would have been if you...
  4. L

    Actuarial support for Tracker Appeal

    A financial advisor who didn't feel capable of producing the calculation himself suggested an actuary. A have got a quote of about 1.5k from an actuary (but one who insists on me going through him via a solicitor which will therefore incur and additional fee). Who else would I go to? Or how...
  5. L

    Actuarial support for Tracker Appeal

    I need the help of an actuary to support the appeal I'm planning to submit. I need help to illustrate where my pension would be had over-charges gone into my personal pension rather than my mortgage. Can anyone recommend an actuary to approach directly to provide this kind of service? I've been...
  6. L

    Key Post Issues to consider if appealing Compensation for Tracker Mortgage

    My main loss from the over-charging is that I didn’t pay into a pension for a number of years; I prioritised my mortgage. Had I not been overcharged and had I been on a tracker; the only place that money would have gone was into a pension. I had a rainy day fund. I don’t have kids. I wasn’t...
  7. L

    Bank of Ireland upping the amount for professiona advice from €250 to €750

    I got an additional €500 payment per mortgage account into my bank account today (not a BOI account). I haven't received any correspondence on the additional payment yet.
  8. L

    BOI mortgage form of authorisation

    The rate reduction is applied automatically. I don’t know if you can just amend the MFA hence I’m getting legal advice.
  9. L

    BOI mortgage form of authorisation

    Exactly Lucian. No need to return the MFA when returning payment instructions.
  10. L

    BOI mortgage form of authorisation

    I got verbal confirmation from BOI today that to get paid redress and compensation you do not have to return the Mortgage Form of Authorisation. I'm holding off returning the MFA until I get legal advice and for a while I thought I couldn't submit my payment instructions until I had returned...
  11. L

    BOI mortgage form of authorisation

    In this context, the Repo Rate per Bank of Ireland's loan documentation refers to the "European Central Bank Main Refinancing Operations Minimum Bid Rate" i.e. the standard ECB Rate that tracker loans track.
  12. L

    Is BoI calculating the refund of overcharged interest correctly?

    How do you figure out what the principle balance should be reduced to had the issue never arisen? I'm trying to recreate the calculations BOI arrived at and run my own numbers. Given that BOI won't send me a data file to work off it's quite laborious as I made several changes to my account...
  13. L

    Bank of Ireland BOI customers any update??

    Are they just trying to estimate appeals and adjusting what they offer as we react? If that’s the case, sit tight; all manner of complications and challenges are going to emerge. Ten percent is pathetic.
  14. L

    Bank of Ireland BOI customers any update??

    I got my redress pack too. Thrilled! I’ll certainly be appealing though. Nothing to lose. In my opinion, 10% is insufficient compensation for denying me over 40k over 8 years. And €250 for advice is an absolute joke. I didn’t get my voluntary overpayments returned either and no mention of...
  15. L

    Bank of Ireland BOI customers any update??

    I’ve also noted that I’m no longer getting the scripted apology when I call -I miss it! It was such a joy to hear it the first couple of times.
  16. L

    Bank of Ireland BOI customers any update??

    I called yesterday too and was told that I should have already received my redress pack and that it was sent "some time ago". I haven't, received it so I've asked them to resend it. I also got a letter from them in response to a letter I had sent them pre-empting my redress where they...
  17. L

    BOI - Refund of Voluntary Over-payments?

    No letter of redress yet. But to try and avoid any time-wasting and further delays, I want to set out my expectations for redress to include refund of voluntary over-payments and restoration of the original term. If I don't, I expect them to ignore it and then it's another little battle that I...
  18. L

    BOI - Refund of Voluntary Over-payments?

    I lost my tracker in July 2009 which has just been restored by BOI. Since that date, in an effort to try and clear my mortgage account as quickly as possible, as it was costing me so much: I voluntarily made a couple of significant lump sum payments to the mortgage account I chose to make...
  19. L

    Bank of Ireland BOI customers any update??

    No. No info provided on redress or compensation amount. Just the change in rate.
  20. L

    Bank of Ireland BOI customers any update??

    Yes I’m BOI. The people who got a refund as far as I can tell, are the people who were contacted several months ago.
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