Here's the deal
June 2007 offered a mortgage at tracker rate (ECB+0.9%) with BOI - original loan offer.
June 2008 saw interest rates going up and fixed half for 5 years...
June 2013 .. Offered Variable and Fixed rate but not offered reverting to the original tracker...
Bank says they are not offering trackers anymore ... but I believe that is for new customers? I understood that after the fixed term could revert back ...
Sent a claim to BOI who deny this...
Now sent a complaint to Financial Services Ombudsman (FSO)
Has anybody else been in a similar situation ? Have searched about this site but don't see too much info about BOI only AIB and PTSB.
June 2007 offered a mortgage at tracker rate (ECB+0.9%) with BOI - original loan offer.
June 2008 saw interest rates going up and fixed half for 5 years...
June 2013 .. Offered Variable and Fixed rate but not offered reverting to the original tracker...
Bank says they are not offering trackers anymore ... but I believe that is for new customers? I understood that after the fixed term could revert back ...
Sent a claim to BOI who deny this...
Now sent a complaint to Financial Services Ombudsman (FSO)
Has anybody else been in a similar situation ? Have searched about this site but don't see too much info about BOI only AIB and PTSB.