SaySomething
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As reported by Charlie Weston today in the Independent: Charlie Weston article Link
Copyright issues so I can't copy/paste. To synopsise the article...
Personal Note: No surprises that the Ulster Bank mortgage books were a mess.
Copyright issues so I can't copy/paste. To synopsise the article...
- This affects approx 1/4 of the entire loan book before it was sold on.
- It affects customers across the spectrum from fixed to variable, to tracker rate customers.
- It seems to be regarding the amortization or dates that the loans were calculated on.
- Majority of customers overcharged by €50.
- Ulster Bank will be writing to all affected customers in tranches. It will be rectified by mid 2025.
- The first customers will be contacted before Christmas.
Personal Note: No surprises that the Ulster Bank mortgage books were a mess.