What dates did ptsb stop issuing a price promise in their letters of offer?

Brendan Burgess

Founder
Messages
38,644
The normal practice was to say "on expiry of the fixed rate you will be entitled to a tracker of ECB +1%"

But at some stage, they changed and said "on expiry of the tracker, you will get the rate then appropriate".

Does anyone know when this changed?

Or we can figure it out if those of you who do not have a price promise, post the date of your offer.

Brendan
 

random2011

Frequent Poster
Messages
170
Loan offer Nov 2006 - 3 yr fixed
No margin stated
3.25% + ECB in Nov 2009

However I understand PTSB were explicitly stating the margin in loan offers in 2007 and probably later. I do not think PTSB just stopped giving the margin in the loan offer at a certain date. It looks like a case where loan offers varied and some had margins and others did not. Those that had a margin would have had the low rate.
 
W

Wardy7

Guest
April 08, 2 year fixed.

No margin quoted.

Now given 3.25% + ECB
 

random2011

Frequent Poster
Messages
170
Seems some folks were given price promises in 2007 where others were not in 2006. Also some were not given price promises in 07 and 08. There is no pattern here.
 
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