I believe I was forced to sell my Buy to Let properties by bank of Ireland as I would not switch from my tacker rate to a discounted variable rate. The bank would not put in writing from what variable rate the discount was and how long the discount would apply for. As I would not go along with this the bank's attitude hardened, they switched me from interest only to capital and interest repayments and eventually made me sell my properties (despite significant negative equity) into a depressed market leaving a considerable shortfall outstanding.
Are the central bank investigating these tracker related issues, I am sure i am not the only person this has happened to but I do not see any mention of this type of activity by banks being investigated in any of the news reports lately on the tracker issue.
Any feed back would be appreciated as the bank are now pursuing my family home.
Are the central bank investigating these tracker related issues, I am sure i am not the only person this has happened to but I do not see any mention of this type of activity by banks being investigated in any of the news reports lately on the tracker issue.
Any feed back would be appreciated as the bank are now pursuing my family home.