Agree! Life has been so much more stressful since this initially broke in 2015 much more so than the previous years of being overcharged. We aren't getting any younger and grow tired of life being on hold. It would be nice for the end to be in sight one way or the other!
Wardy... u can rest assured that many people who started on a 0.75% margin then tricked onto a SVR (5% + for quite a period of time) will have had to enter arrangements/split mortgages etc.... remember PTSB are stating they done nothing wrong and Central Bank Review is ongoing.
Receive exact same letters from PTSB on a monthly basis.
PTSB waiting for the CB to let them off the hook, so in the meantime they are obliged to send out those response letters monthly.
CB likely not to push PTSB as much as other banks because of their poor financial standing, noted of late by the ECB.
Will be high court that will sort this one out.
Heard back from CAP this week, the usual like a lot of others.
Quote of 1.1% April/may 2007.
Drew down Dec 2007, no margin on contract, 2 year fixed rate.
"Broke out" early Feb 2007.
Redress of tracker 3.25%.
Supposedly with AJ but haven't heard anything of any merit in over 2 years.
Wanting to try every avenue, I made an official complaint to PTSB, and was granted a late appeal from CAP last Feb.
Finally got the bad news. Nothing on tracker rate, which was my main grievance.
So if I go ombudsman, their say is final, but if a later high court rules in favour of a similar case, can I still be ruled on through precedence?
Looks like only hope now is a high court ruling to make a precedent for every other case?