DeiseBoy 2
Registered User
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I received tracker redress compensation from BOI in early 2018. I appealed and then received a further amount. We sold the Dublin house in question in 2016 and now live in a new house in Waterford. Our mortgage is currently with PTSB (variable rate). I wrote to BOI to inquire about our possible right to go back on the BOI tracker for the new house. They responded to say this won’t happen as the new house is under a new mortgage transaction with a different bank and therefore we wouldn't be entitled to go back on a tracker. However BOI, like other banks, offer a Tracker Mover Rate which allows people to retain their trackers if they sell and move to a new property.
https://personalbanking.bankofireland.com/borrow/mortgages/mover/starter-tracker-for-mover/
My question is, should I pursue this with the Ombudsman? Do you think I’d have a case to go onto the Tracker Mover rate for the new property given that we would have stayed with BOI if we'd been on a tracker all along? Has anybody else been in a similar scenario?
https://personalbanking.bankofireland.com/borrow/mortgages/mover/starter-tracker-for-mover/
My question is, should I pursue this with the Ombudsman? Do you think I’d have a case to go onto the Tracker Mover rate for the new property given that we would have stayed with BOI if we'd been on a tracker all along? Has anybody else been in a similar scenario?