I got a mortgage out in 2006 on a tracker rate (0.95% above European base rate) for the full term of the mortgage. I got interest only for the first 3 years at this rate. I requested and was granted a further period of interest only but was put on SVR by the bank. My understanding was that the SVR was for the extended period of interest only on the loan...not for the remaining full term of the loan which was 15 years....I was not advised to seek independent legal or financial advice and I was unable to sit down and discuss the issue with the bank. I could only speak to them on the phone which was totally inadequate....also some of the terms used were difficult to understand..i.e..."on an execution only basis" etc. The Ombudsman ruled in favour of the bank but I am taking it to court. I wonder if anybody else has a similar experience? Most of the tracker debates have been about reverting to tracker from fixed rates but nobody has mentioned return to tracker from interest only...I would welcome any views on the matter. Thank you in advance.