Hi
Just looking for some advice here. I'm just coming to the end of a three year fixed rate period with PTSB and have been discussing my options with them. This is where it gets complicated so bear with me
Does anyone have a view if I have a leg to stand on with this and how to take it forward? My next intended step is to write to them stating as fact that as per my special conditions (I'll attach a copy) I want them to confirm I will move to the ECB +1.1 rate from the cessation of the fixed rate.
Any views welcome!
Thanks
Jim
Just looking for some advice here. I'm just coming to the end of a three year fixed rate period with PTSB and have been discussing my options with them. This is where it gets complicated so bear with me
- When we first got a loan offer with them it was for a tracker rate of ECB +1.1 and the special conditions stated that if we moved to fixed, at the end of the fixed period, we would be able to revert to this tracker
- At drawdown, as rates were rising, we were advised to moved to a fixed rate period by our broker (this advice has stood us in good stead over the last three years so no complaints) so we did
- No further special conditions were provided with the final details at drawdown so we were told the previous ones would apply at the cessation of the rate (nothing in writing unfortunately)
Does anyone have a view if I have a leg to stand on with this and how to take it forward? My next intended step is to write to them stating as fact that as per my special conditions (I'll attach a copy) I want them to confirm I will move to the ECB +1.1 rate from the cessation of the fixed rate.
Any views welcome!
Thanks
Jim