Did you log a complaint and ask for it to be investigated?Hi
I have both a Staff mortgage and a Tracker mortgage
I contacted staff business today in relation to the staff mortgage. The advisor stated the mortgage was like the thread had mentioned a variable mortgage. He stated we were only informed of changing our rate in Jan 2009 due to BIK only.
He said we could have changed to a Tracker at any stage (when it was available) and it wasn't up to them to advise us to do that. He also stated that the Tracker rate was never lower than the staff rate of 3% during the years it was available.
He said AIB are totally correct in saying no staff mortgages at the preferential rate will be investigated.