Has anybody on this forum heard or received a letter to this effect from Permanent TSB? Two rate cuts and haven't heard anything. I am on a tracker rate with them.
Thanks.
I make that a €1.7m (by) or €150k (to) mortgage. What a difference a two letter word makes. Hope that it's the latter as there will be serious stress in life otherwise.
A quick bit of 'profiling' suggests it is 'to' rather than 'by'?
http://www.askaboutmoney.com/showthread.php?t=40035
PTSB have already passed on the first 0.5% cut to tracker mortgages. The second 0.5% cut will be applied from December 5th.
Sherlock would be proud of you
Has anyone seen their repayment amount reduced online to reflect the first rate cut? Just checked online and it still says they will take the previous amount for the next payment. Repayment is due in second half of December. I rang late last week and was assured there was just a delay in updating the data that the online banking worked off and it would definitely be the reduced amount.
It seems they have enough problems dealing with one rate cut, let alone the second and possibly the third that seems to be on the cards.