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Tracker Mortgage Compensation Question

  • 29-03-2018 8:20pm
    #1
    huddlejonny
    Registered Users, Registered Users 2 Posts: 402 ✭✭


    Just wondering what people affected are getting in relation to the tracker mortgage scandal.

    My "friends" situation:

    1 house - Mortgage taken out in 2006

    Mortgage split in 2 - on the advice of accountant!

    1 mortgage: tracker rate on 35k

    2nd mortgage: fixed rate on 90k

    Letter from AIB saying we should have been offered tracker on the fixed rate mortgage for duration of mortgage.

    Received compensation €1615

    - €1000 compensation & €615 towards "independant advice"

    Anyone else in this boat and is it worth appealing? If there is any information or websites with more info on this my friend would be grateful ?

    Cheers!


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