MaryLou123
Registered User
- Messages
- 8
they may use one reference account number, but the "top-up" is a separate loan that had a separate application, but for ease, its paid in tandem with the existing loan. In effect you have 2 mortgages secured on the one property and both are separate in their terms and conditionsMany thanks RedOnion. I took out the main mortgage in 2004 and was fixed for a year then what I paid in 2005 2006 and 2007 varied in the same way as a tracker, and the interest was the same as the tracker rate (according to ECB rates). I feel I was wrongly taken off the tracker in 2008 but am having difficulty proving this. any help appreciated thanks
Unless the original loan & fixed rate documents gave you something in writing that after your one year fixed rate you would move to a tracker rate, you have no case.
Yes, technically it's not true.This is not true
In relation to the op's post and the fact that the mortgage is from 2004, this is totally true.This is not true. Lots of people got redress and compensation who did not have tracker or % above ecb in their paperwork as is detailed on many threads here
Hi just wondering how you are getting on with your case?My mortgage with kbc was drawn down in 2005 in one lump sum. I was on a fixed rate for the first year, then we put one third on a tracker and two thirds on a fixed for 2 years. At the end of the two years the whole loan rolled onto variable so we fixed the whole lot again for 2 years. No tracker option was given. We received redress and compensation for the one third which had been on tracker but not on the two thirds, kbc saying that portion had no entitlement to tracker. It's currently with Padraic Kissane who believes the full loan should have had entitlement to tracker and I'll be fighting my case.
Bank Check in BelfastMaryLou123 you mention in an earlier post that you had a check of your mortgage carried out. Would it be possible for you to provide me with details of the company/individual as I would like to have an audit of my mortgages undertaken. Thank you.
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