Ask for a copy of your original loan offer if you don't have one yourself to see if tracker is mentioned. There was no obligation on the bank to specifically offer you one as such. However if you started on a fixed rate the loan offer should specify what type of rate the loan would revert to when the fixed period was, that's what you need to know.
Did you start the loan on a fixed rate or had you the loan before you switched to the 2 yr fixed? The initial starting position is what you need to know.
I have my husband checking through our stored documents at present for it but no luck so far.Did you keep any of the documentation from that time yourself? You would have got your own copy of the loan offer so if keep paperwork it is a likely thing to have.
Thanks Notabene ...good point......I will contact both. Many thanks!Your solicitor or mortgage broker would have a copy in their file possibly still too - might be a quicker route
@Mortub2005 - I found one of my loan offers faxed through in 06 by my solicitor but can only see that it says Interest Rate: Fixed 4.49% until 30/11/08 cant see anything on what is the base rate or what I would move onto after the fixed but not really sure what I should be looking for.
@corktim, shouldn't they state you will move off your fixed rate onto something such as SVR, Fixed rate or tracker?
@MrBanks - how do I go about doing a subject data access? They will love that considering all the harassing letters they have sent me.
Thanks monbretia...I can see under the special conditions where its says "Please Refer to the Schedule to the Offer of Loan for details of your Mortgage Product(s) including any charges for early repayment in addition to other special conditions that may apply"It should be in the special conditions, 2nd page of loan offer probably, there should be a condition there saying with the fixed details and details of what it will revert to on expiration of the fixed.
Are there a list of conditions with your loan offer? Such as life assurance, building insurance etc, there would normally be a condition there referring to the rate especially if you had a fixed.
@Editiono my story is very similar to yours. I switched from ptsb to UB in 2005 I fixed in 2006 for 2 years and was not offered the tracker when we came out of it. We too have been in and out of MARP over the years. We never missed a payment(interest only) but i was harrased by the bank. They kept phoning my place of work even though l told them not to. I wrote into them with a complaint and they did pay me 250 euro and apology letter for phoning place of work. The stress was terrible. We have been identified as being impacted at the start of this year. The letter of offer is what you need. Best of luck with it all.
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