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Yes the calculator would do the interest part but we wanted the detailed actuarial figures on the entire Mortgage for dealing with AIB, the simple v compound figures were just an addition to what we were looking for

Hi Banemore, cost to calculate Mortgage figures of where we stand now and where we should be with a tracker and interest rate calculations came to 1k. has been well worth the fee to us although costly.

Hi Jellytot19 i also requested from AIB the calculations of how they calculated the interest. I received it last week from them. I forward this to an Actuary we are working with and he said they had used simple interest and interest should have been 7.6k higher i went also back to the FSPO...

Thank you Brendan, I cannot overstate how much both you and all those on ask about money.com have helped us

We contributed last time also and would also like to contribute again having discussed it at home so count us in .

Cheque has arrived for just under 46k. Calculated on simple interest. Have just been onto AIB and requested full details and figures of how calculated. Have told them that as far as I am concerned, they have not applied the FSPO decision and I am going back to FSPO on this which is being added...

Hi Brendan and tnegun, this is very interesting. We took out a Mortgage of fixed for three years with clause 3.2 in August 2008.on 08/01/09, we wrote to AIB looking for our options to break out of the fixed rate. AIB did not reply until we contacted them again in March 2009 Where they supplied a...

I should say we had already signed the tracker offer

Hi Mingmong29 and Tnegun, I am very interested in both your posts here. We also had a tracker offer with a margin of 1.15% in July 2008.we ended up signing a second offer in August 2008 for 3 years fixed with clause 3.2 that should have allowed us revert to the tracker. The margin was 0% . can I...

I mean we are currently ourselves taking advise on it.

We received same letter today from AIB. Our Complaint remains on hold with the FSPO as requested by AIB. We will wait till next letter and cheque received from AIB but we Are seeking advise re either going back to FSPO or to the courts.

It’s a mine field out their with so many different policies. We go to a company called totalhealthcover.ie every two years and they find the most suitable policies for us.it costs €100 however I would highly recommend them as they have got the best value for money for the five of us in this house.

I agree with blue-steel and Brendan. We lodged a complaint a number of years ago with the FSPO regarding AIB withholding the Tracker , the Margin in the contract says 0% in the relevant column.i commented here the other day that our Actuary has calculated that not getting the tracker now and...

Hi All firstly, Brendan Thank you very much for getting this to this point.it is greatly appreciated. we sent our figures out this year to an actuary. Not getting the tracker applied leaves us in a position of it costing us another near 100k in interest over the remaining lifeTime of the...

Hi Kenny S we just sold a property last month where the loan had been transferred to pepper 18 months ago. We had no arrears but had been on reduced payments before the loan was taken over there was no discount given,we cleared the full balance owing

Agree with Majabu and Adobe1 here, we will wait to see what AIB and the FSPO say exactly especially in relation to the tracker. That remains a major sticking point for us also and we may also have to look to the courts.

Sincere thanks Brendan for all your hard work with this. We will need to see the detail here, not getting the Tracker rate going forward will remain a difficulty. We would be hoping that the central Bank will apply the redress scheme which would go further than this ruling as you say. again...

Robbie, complaint was related to that at the end of the three year fixed rate, despite writing to AIB ( have these letters)and documented phone call ( have this call from FOI) by us requesting to them to move to a tracker as per clause 3.2 in our contract, they bank denied us this opportunity...

just an update, we have a tracker complaint on hold with FSPO, we made complaint in 2015 regarding clause 3.2 and it’s contents/ out of the blue now , AIB have now written to the FSPO stating that the recent preliminary decision by the FSPO office might be relevant to our complaint “ due to the...

Thank you so very much Brendan. I hope this all works out for us now. I feel that this is the first time I have been able to take a deep breath in the last ten years from the utter stress of all this.