Ptsb staff/tracker rate

Phil Quinlan

Registered User
Messages
2
Took out a mortgage on a new house with my brother in 2006. We were offered 2 mortgages on the property; two thirds at the staff fixed rate of 3% and a third at tracker rate.

I bought him out with my wife a few years later and staff rate portion changed to ptsb variable rate without any offer of a tracker.

Am I clutching at straws or have I a case for being offered a tracker on the old staff rate? All advice appreciated.

Cheers,
Phil
 

Brendan Burgess

Founder
Messages
38,133
This is not clear at all.

Did you lose a tracker?

If you didn't lose a tracker, you have no right to claim one.

Brendan
 

Phil Quinlan

Registered User
Messages
2
Sorry Brendan. My brother worked with ptsb and seemingly this was the way they did it. Two mortgages on the one property. The larger portion was a fixed 3% staff rate and the smaller portion was on a tracker rate. When we bought him out we were automatically changed from the fixed rate to a variable.The smaller tracker portion remained the same.

So we have no right to try and claim a tracker when we were moved by ptsb to their variable? Thanks
 
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