Hi
I'm new to this tracker scandal debacle. Because I never moved to a fixed rate from my tracker, I assumed I was not affected. However after contacting KBC yesterday, I have been informed that my tracker mortgage is within the review of the central bank. No other information or answers to my questions were given. I still don't understand what could be wrong. However I did ask what rate i was on which is 1.1%. I looked up a mortgage calculator on line, inputted my original loan amount, original term and rate being charged, to discover I am being overcharged by at least €200. Am I calculating correctly? Also, what other wrongs have kbc done besides not allowing fixed rate mortgage holders to return to their original trackers? Please help
I'm new to this tracker scandal debacle. Because I never moved to a fixed rate from my tracker, I assumed I was not affected. However after contacting KBC yesterday, I have been informed that my tracker mortgage is within the review of the central bank. No other information or answers to my questions were given. I still don't understand what could be wrong. However I did ask what rate i was on which is 1.1%. I looked up a mortgage calculator on line, inputted my original loan amount, original term and rate being charged, to discover I am being overcharged by at least €200. Am I calculating correctly? Also, what other wrongs have kbc done besides not allowing fixed rate mortgage holders to return to their original trackers? Please help