Hi,
If, like me, you have a PTSB mortgage and you also bank with them (current account/savings account etc..) can I suggest the following course of action?
Very simply inform them that while you can't presently change your mortgage provider, you are moving all your other accounts to other lenders and then do so. Make it clear that the reason you are doing this is in protest at the unjustified 0.5% mortgage increase.
You would swear most of the people on this site are either bankers or dont have mortgages or have trackers - dont be fooled, the only reason they are increasing their rates is to profiteer at the expense of standard mortgage holders because they are losing money on their trackers. Instead of making 200M profit, they need to satisfy their shareholders with 400M profit. Their massive insurance business can easily subsidise their trackers.
Just my two cents thats all.
If, like me, you have a PTSB mortgage and you also bank with them (current account/savings account etc..) can I suggest the following course of action?
Very simply inform them that while you can't presently change your mortgage provider, you are moving all your other accounts to other lenders and then do so. Make it clear that the reason you are doing this is in protest at the unjustified 0.5% mortgage increase.
You would swear most of the people on this site are either bankers or dont have mortgages or have trackers - dont be fooled, the only reason they are increasing their rates is to profiteer at the expense of standard mortgage holders because they are losing money on their trackers. Instead of making 200M profit, they need to satisfy their shareholders with 400M profit. Their massive insurance business can easily subsidise their trackers.
Just my two cents thats all.