Hello,
I am new to this forum and would greatly appreciate your view and comments.
In 2009 we got a loan of 30kfrom BOI with the manager of the agency with whom we had a very good relationship.We have a tracker mortgage and the loan was to be transferred to the mortgage within 6 months. When we apllied to do so it was refused "bank practice have changed" we were told to cut the story short.
We went to the FSO which ruled that BOI was right ( of course no prove of that verbal agreement) without an oral hearing.We have appealed the same on the ground of refusing us an oral hearing ( with BOI manager and another adviser from BOI who also told us it was common practice to transfer loan to mortgage at the time in 2009 ).Before going to the high court FSO agreed to reconsider the whole case .We are not refusing to pay the loan but just want to have it transferred as originally planned as it would be impossible for us to pay it otherwise.The difference in the repayments are massive and we would not have done it .We have no arrears anywhere else.
Anybody with a similar situation?
I am new to this forum and would greatly appreciate your view and comments.
In 2009 we got a loan of 30kfrom BOI with the manager of the agency with whom we had a very good relationship.We have a tracker mortgage and the loan was to be transferred to the mortgage within 6 months. When we apllied to do so it was refused "bank practice have changed" we were told to cut the story short.
We went to the FSO which ruled that BOI was right ( of course no prove of that verbal agreement) without an oral hearing.We have appealed the same on the ground of refusing us an oral hearing ( with BOI manager and another adviser from BOI who also told us it was common practice to transfer loan to mortgage at the time in 2009 ).Before going to the high court FSO agreed to reconsider the whole case .We are not refusing to pay the loan but just want to have it transferred as originally planned as it would be impossible for us to pay it otherwise.The difference in the repayments are massive and we would not have done it .We have no arrears anywhere else.
Anybody with a similar situation?