Brendan Burgess
Founder
- Messages
- 54,765
Updated and clarified July 2019
In the first appeal to the Appeals Panel, I said that the prevailing margin for borrowers with >80% LTV was 1.25%. This was incorrect.
I corrected it in the Draft response to AIB's response.
In June 2008, AIB changed its margins.
But in July 2008, the ECB rate changes, and so AIB changed the tracker rates, but not the margins.
The last rate sheet from AIB was 16 July 2008 which was
In the first appeal to the Appeals Panel, I said that the prevailing margin for borrowers with >80% LTV was 1.25%. This was incorrect.
I corrected it in the Draft response to AIB's response.
In June 2008, AIB changed its margins.
But in July 2008, the ECB rate changes, and so AIB changed the tracker rates, but not the margins.
The last rate sheet from AIB was 16 July 2008 which was
Last edited: