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Hi (Brendan and others who replied to this earlier this year), I made a complaint to the FSPO about this, and they are interested. They have engaged the mortgage provider an me in mediation. I have a question though. I signed a voluntary sale agreement with the mortgage provider in September...

Apologies, that was not stated correctly. The regular letters I received stated that "interest is charged on capital on arrears at the rate of interest on your mortgage". I assumed that this meant I was paying additional interest on the arrears part, and now that this was reduced by 80%, there...

of course, I didn't owe any less when the arrears were recalculated. And, I did ask them if I were due a refund of surcharge interest on arrears (which I repeatedly got reminds letters about), but no again

more: "your CMS was last calculated on 31st March 2017 when the interest rate was changed from 0.00% to 1.25%. The arrears figure at 30 Nov 2017 was €8918 and this comprises of the total monthly repayments due since the CMS was last calculated of €19,671, less the payments actually made to...

they have tried to explain the difference in the 'methodology' used to calculate the arrears before and after (52K vs 9K). I wrote to them to ask them to explain to me, in simple terms, how they calculated it beforehand, and how they calculate it now. I also asked them to explain why they...

Brendan, they didn't put me on C+I by mistake - they did it intentionally, as they rejected an application to remain on interest only - the previous bank had let me renew it every 6 months for about 3 -4 years. Once they were expecting C+I payments, I could only pay the interest (plus a bit)...

there were 20 years left, the balance being 480K, and the interest rate 1.25 over base Martin

Hi Brendan, Yes BOSI was the original lender. Arrears started to accumulate after BOSI sold the loan, and yes, because i was paying interest only, but they wanted C+I repayments I have a meeting planned with NB next week Martin

Hi, While I have since restructured my loan with the bank, and am back on track, just after we came to agreement, I received a letter to say that my arrears were not in fact €52,000, but only €8,500. These arrears were accumulated over a period of 4 years approx. The loan was sold to a...

Hi Brendan, and thanks for taking the time to reply. They are sending out their own valuer, but are allowing me to choose the estate agent; they wish to see evidence that it is on the market I don't know yet if they are satisfied that my offer is sufficient; I suspect that this is only the...

Hi My situation is as follows: 1. Bought house at almost peak. Family home, young kids etc 2. ran into payments trouble about 4 years ago, but bank accepted interest only for considerable period 3. Had PIP help me with proposal to purchase loan from bank at a discount (money from...