I have seven mortgages with AIB all went on fixed from tracker at the same time and put on variable at end of fixed term. I requested AIB to review in March. The three smallest mortgages were put back on tracker in August at ecb plus .95%. The other four mortgages are still being investigated.
On Monday I noticed a debit and credit transaction going through each of the three tracker mortgages....ie on one account with mortgage of 40k there was a credit if 11k and then a debit of 4k. I rang aib and they said that the 11k represents what they overcharged and the 7k they debited reflected interest portion and I would receive a cheque for this in November. The balance of 4k was a capital overpayment. I would suggest that AIB customers who have been put back on tracker should check their mortgage accounts as I am sure I am not the only one this has happened to. At least it may give you an indication of overpayment. Best of luck.
On Monday I noticed a debit and credit transaction going through each of the three tracker mortgages....ie on one account with mortgage of 40k there was a credit if 11k and then a debit of 4k. I rang aib and they said that the 11k represents what they overcharged and the 7k they debited reflected interest portion and I would receive a cheque for this in November. The balance of 4k was a capital overpayment. I would suggest that AIB customers who have been put back on tracker should check their mortgage accounts as I am sure I am not the only one this has happened to. At least it may give you an indication of overpayment. Best of luck.
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