Brendan Burgess
Founder
- Messages
- 51,917
45,000 ptsb customers who could apply for a lower rate, have not done so.
In total, at least 150,000 customers could get a better deal from their own lender just by asking.
51,000 ptsb customers are paying 4.5%
40,000 BoI customers are paying 4.5%
42,000 KBC customers
AIB customers on SVRs can switch to an LTV - don't know how many.
And EBS customers on SVR or LTV can fix at a lower rate.
We have 600,000 mortgage holders in Ireland
300,000 have trackers
100,000 - 150,000 have variable rates which are probably the lowest available from their lender
150,000 to 200,000 have variable rates which they could reduce without switching lender.
Any ideas on how we can get through to these 150,000?
Facebook campaign?
Ask the banks to advertise it? ptsb has written to their customers three times and only 25% have applied for the lower rate.
It's so frustrating. A few of us have worked hard on the Fair Mortgage Rates Campaign. We have made limited progress. But even that progress is not as good as it could be if people would just pick up the phone and ask for a better rate.
Charlie Weston gave it a good lash here:
125,000 mortgage holder "afraid" to look for a better rate
Brendan
In total, at least 150,000 customers could get a better deal from their own lender just by asking.
51,000 ptsb customers are paying 4.5%
40,000 BoI customers are paying 4.5%
42,000 KBC customers
AIB customers on SVRs can switch to an LTV - don't know how many.
And EBS customers on SVR or LTV can fix at a lower rate.
We have 600,000 mortgage holders in Ireland
300,000 have trackers
100,000 - 150,000 have variable rates which are probably the lowest available from their lender
150,000 to 200,000 have variable rates which they could reduce without switching lender.
Any ideas on how we can get through to these 150,000?
Facebook campaign?
Ask the banks to advertise it? ptsb has written to their customers three times and only 25% have applied for the lower rate.
It's so frustrating. A few of us have worked hard on the Fair Mortgage Rates Campaign. We have made limited progress. But even that progress is not as good as it could be if people would just pick up the phone and ask for a better rate.
Charlie Weston gave it a good lash here:
125,000 mortgage holder "afraid" to look for a better rate
Brendan