Search results

This is still in mediation with Ombudsman but should have a conclusion in the next month as final arguments have been submitted. My argument is pretty much the same as the the above.

For anybody who was on a split mortgage and wasn't offered 1650, see attached press release from staff business on the change from Fixed staff rate to Variable. This struck me as strange at the time as the terms of the contract were changing yet nothing was signed by the customers. Also the...

This is still with the ombudsman and in mediation - AIB are due to respond to a list of questions in the next couple of weeks so I'm guessing it will be another 6 weeks before a decision is made.

I have a PDH morgage with a 100k remaing at effective interest rate of 2% (part tracker), current market value 350k. I want to move to a larger property(cost 450k) to use as family home and retain original property for rental income. If i borrow equity of 90k on current property, can i offset...

I'm in the same boat too - have raised the definition of fixed rate with Ombudsman and am awaiting their response. When AIB changed the staff contracts in 2011 as the staff fixed rate was subject to BIK on offer of a tracker should have been forthcoming which it wasn't. I remember staff business...

Similar forum setup for this https://www.askaboutmoney.com/threads/aib-ex-staff-getting-%E2%82%AC1-650-compensation.198225/ I have a query with Ombudsman for when Staff Business auto-changed all staff rate mortgages to variable. I think at this point the option for tracker should have been...

My initial request to the ombudsman was that I was not considered part of the 3.2 clause. They requested AIB's response to which they were said tracker review was ongoing even though both complaints listed this as AIB's final response. I had since launched a separate complaint on the why 3.2 was...

Likewise, my complaint response denied that the Staff preferential PDH account was a fixed rate as it was titled 'Variable Annuity' (and bizarrely as it was subject to BIK) even though they mention the rate was static for term of the loan, this also was a final response. The special conditions...

I received a response from the Ombudsman but it was a typical, AIB have not finished their review yet fob off. I have since made a follow on complaint to AIB as they did not address the 3.2 clause issue. They stated the staff mortgage was considered a Variable rate is it was titled 'Variable...

Brendan I'm in a similar position. As AIB staff, I received a split mortgage in 2008 without specifying with approx. 40% on tracker and remainder on staff rate (PDH fixed at 3%). On resigning from the bank the fixed rate was auto switched to a variable. The conversion to variable was stipulated...