I just received a letter from UB saying 'you did not receive correct information in your recent ECB rate change letter'. Ok so not for the first time UB have made a mistake in my mortgage.
Their letter goes on to say 'you can find a copy of the correct correspondence you should have received enclosed' Fair enough.
That letter says that my tracker rate has decreased from 5.65% to 5.40%. Good news.
It goes on to give my current monthly repayment and my new monthly repayment. The new monthly payment shown is HIGHER than the current monthly payment. Don't you just love Ulster Bank
Their letter goes on to say 'you can find a copy of the correct correspondence you should have received enclosed' Fair enough.
That letter says that my tracker rate has decreased from 5.65% to 5.40%. Good news.
It goes on to give my current monthly repayment and my new monthly repayment. The new monthly payment shown is HIGHER than the current monthly payment. Don't you just love Ulster Bank