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Yes. My complaint is still progressing with the FSPO. The EBS are fighting tooth and nail about the definition. They have been very vague on some points and seem to take it for granted that Variable Base Rate will be accepted by the FSPO as just another way of describing a Standard Variable...

I saw that requirement posted on the FSPO website, however, the letter I received from the EBS stating they are still looking into my case also invites me to submit my case to FSPO with a copy of the letter from the EBS. I await a reply from the FSPO so I don't really know what the story is...

I submitted my case to the FSPO in the last few days. My case is very similar to tonymac's partner, only we took out our mortgage in 2004 and fixed for 1 year before rolling over to the infamous ' variable base rate'. We receive the usual letter every month from EBS stating they are continuing...

Sorry, I was away and didn't get to see any posts here. I hope Michael McGrath has some luck with questioning the EBS seperately. It appears we don't really count in the bigger picture!

I will definitely be letting them know how I feel. Let us know how you get on with Padraig Kissane please tonymac.

I'm afraid having watched an hour and a half of the session this morning, EBS has not been mentioned at all by anyone!

Hi tonymac. There was a short piece on the RTE news at 1 where Michael McGrath put our question to them. They ducked and dived I'm afraid. I'll look at the full thing when it's uploaded later on!

I got the letter last week. It was an acknowledgement of the letter I wrote to them two weeks previously. I emailed a few members on the Finance committee in the hope they will ask questions on behalf of the EBS customers in our situation. If you google Finance Committee you will see the...

Any update tonymac? I received a letter from the EBS saying our mortgage is under review along with others by KPMG. I take it this is a standard letter!

Email sent to Michael McGrath also!

Thanks tonymac. Surely, as we are still being charged the wrong interest rate, the six year rule does not apply. It infers, that if you don't notice the offence committed against you in time, you must live with the consequences into the future. That's hardly natural justice! By the way, there's...

The Best of Luck tonymac. Let us know how you get on please.

Today is listed as the last day for appeals. How does this affect us? A good article by Will Goodbody on the RTE site last Friday.

whatsgoinon, I don't have access to that early paperwork apart from the original agreement which only mentions 'variable base rate' and 'fixed rate. The 'variable base rate' is not defined anywhere on this document!

I only discovered this thread last week. I'm in the same boat as some here. My wife and I took out a mortgage with EBS in May 2004. We were placed on a fixed rate for one year which then rolled over to this 'variable base rate'. We've been on this rate until last year when we fixed to avail of a...