LicketySplit
Registered User
- Messages
- 13
Brendan
Firstly, well done on all your endeavor over the years. It has been inspiring to say the least. Congrats on the result.
I believe I am part of the 6,000 but its only when I see something from AIB will I believe it. I have, like most others, had the most torrid time dealing with them over the years.
We took out a significant 3 year fixed mortgage in 2008 just as the world was on the verge of financial implosion.
In 2011, we exited the fixed term and were put straight onto variable rate. With unemployment and other issues, we had to engage with the bank to obtain revised terms including interest only, fixed repayment amount etc. This all came to a head in 2014 when we negotiated a split mortgage with 8% of the mortgage written off, 32% being parked until end of term and the 60% balance payable on regular variable rate terms. The bank also added 4 years to the overall term of the mortgage which I had to accept grudgingly.
Then finally, we received the letter in 2017/18 with the €1650 that we lodged. We didn't appeal as we naturally felt it would impact the split facility we had agreed.
This is the first time I have ever shared this with anyone so it feels good dong that alone - nevermind the possibility of compensation and redress.
My question is do you believe the above split facility will compromise any or all redress I might stand to gain from following this weeks announcement.
Thanks
Firstly, well done on all your endeavor over the years. It has been inspiring to say the least. Congrats on the result.
I believe I am part of the 6,000 but its only when I see something from AIB will I believe it. I have, like most others, had the most torrid time dealing with them over the years.
We took out a significant 3 year fixed mortgage in 2008 just as the world was on the verge of financial implosion.
In 2011, we exited the fixed term and were put straight onto variable rate. With unemployment and other issues, we had to engage with the bank to obtain revised terms including interest only, fixed repayment amount etc. This all came to a head in 2014 when we negotiated a split mortgage with 8% of the mortgage written off, 32% being parked until end of term and the 60% balance payable on regular variable rate terms. The bank also added 4 years to the overall term of the mortgage which I had to accept grudgingly.
Then finally, we received the letter in 2017/18 with the €1650 that we lodged. We didn't appeal as we naturally felt it would impact the split facility we had agreed.
This is the first time I have ever shared this with anyone so it feels good dong that alone - nevermind the possibility of compensation and redress.
My question is do you believe the above split facility will compromise any or all redress I might stand to gain from following this weeks announcement.
Thanks