I went through the FSO process in 2010.I have downloaded the fso form but it stipulates that you must already have complained to the bank. Which I have but I want to confirm that their position is final before I submit my fso complaint. Are the fso completely independent to the bank and the cb?
Yes Daisy Duke I am willing to work as a group too.I don't know if you have send your case to P.Kinssane bit I have and he is thinking along the same lines.too am in a similar position to yourself. I am just in the process of giving them one last chance to respond, otherwise will be going straight to FSO. I note there are a few of us in similar circumstances I don’t know if there is any interest in pursuing this as a collective
@Jazzer1, I am just waiting on some paperwork from my broker and I will be submitting my case to Padraic. However when I spoke to his office a few weeks back they did not seem too hopeful. Hopefully if we can get enough people together in similar circumstances we have a better chance of being heard.Yes Daisy Duke I am willing to work as a group too.I don't know if you have send your case to P.Kinssane bit I have and he is thinking along the same lines.
@mccoypat94 I agree with you to an extent in that facts should be facts and treated as such regardless who initiated the complaint, however you can see from the cases that have been successful how difficult this process has been. We have the added complexity of dealing with an institution who believe they have fulfilled their requirements on this and appear to have the backing of the CB .I also can’t afford to throw money at this, but equally I cannot afford not to fight it.Unfortunatley with all due respect to Padraic and his good work €1000-00 + vat is huge money to spend with no guarantee of success.
I wouldnt expect a professional to do it for any less, however I cannot afford to take the risk of throwing good money after bad.
Rock and hard place , but why should having an expert representing me make such a difference? The facts are the facts, I should be included or not.
I have just gone through it with them in high level detail over the phone, I need to submit my paperwork to them this week, just waiting on some stuff from my broker. To be honest they did not leave me overly optimistic, however that was a few weeks ago, I know others have made contact with them since then and I am hoping they now see a picture developing of what has been left behind.We'd all forget the 1k with the right outcome. Was your case examined by Kissanes? Do they give you any case for a optimisim?
Hi I'm in the same situation. Between 2006-2008 I had 1/3 on a tracker and 2/3 fixed. At the end of the fixed rate the whole loan reverted to svr so I fixed again. They are giving me tracker on 1/3 only. The fixed part says revert to prevailing variable rate but I did discover notes by KBC employee from a phonecall at the end of the fixed period in March 08 stating the whole loan 'qualifies for tracker 0.99%-4.99%' but I wasn't offered it ever again.I received a letter from KBC today stating that a portion of my loan has been rectified to a tracker rate (1.25) and a portion is still on a variable rate (4.05). We are saving about €260 per month, which is great. I called them and they said an error has been identified on a portion of the loan only. I asked if the account was reviewed why only portion of the loan would be affected. He said I have to remember it is an initial review and the account will be reviewed in more detail - I will have an update before the end of March. Has anyone else had a similar letter / issue? We did have our mortgage part fixed part variable for a time but this ended two years ago. Any thoughts would be appreciated.
Interesting point @mccoypat94, I also took out a top-up in Sept 07, which also conveniently seems to have been left out....Curious reading this, I have been ruled out as my application was pre- Nov 06 (flyer time)
However I took a 'top-up' mid 2007 which was also fixed for three years. Surely theres no grounds for leaving out the top up, as the application for this was made after the flyer, no?
I read in the report from yesterday he is absolutely certain KBC did not pull the flyer in Feb 08.Padraic was asked about KBC on Newstalk this afternoon and he believes the application date shouldn't allow KBC to deem you unimpacted. He is pursuing this it seems for clients
Hes an impressive individual, its incredible though that in reality hes ploughed a completely lone furrow on this for so many years.