Yea this sounds very similar to my case. Except I had a 1 yr discount. Reverted to 2.25. Appealed through ombudsman in 2018, at adjudication for over 12 months, decision this week that it was rejected.No Brendan, mine is the tracker rate at time of drawdown was ecb +1.1% but I got discount rate of ecb +. 99% for 2 years. On expiry of discount instead of reverting to original rate at that time I was put on the current rate which was ecb +2.25%
Hi Hohoho,Yea this sounds very similar to my case. Except I had a 1 yr discount. Reverted to 2.25. Appealed through ombudsman in 2018, at adjudication for over 12 months, decision this week that it was rejected.
My argument was, that selling me a 1yr discounted tracker, but applying a completely different tracker margin 12 months into my term, was misleading and erroneous.Hi Hohoho,
What was the basis of your appeal?
Did PTSB issue a "rate options letter" near the end of your discount period?