Hi Everyone,
Been following this thread for a while.
Got a letter in from AIB offering a tracker rate of 3.22% last week. We originally fixed in 2007 when there was a tracker on the table. That was the last I heard of tracker rates on my loan until now.
We are coming out of fixed term next month, so we were offered the usual option of SVR or another fixed term. A week or two later the tracker letter arrived stating under the "terms of our Letter of Offer". It was like a total afterthought and no mention made of anything else, as if this tracker scandal wasn't happening. We have not signed form as it's higher than SVR as it stands, but wrote back to them saying we were "delighted to be offered our tracker back", but that rate was not our tracker. Also copied in CB and local politicians.
I hope the fact that CB is now investigating the AIB work will yield results. I suppose we just have to sit tight for a while? Get the feeling AIB are in for a BOI scenario when thousands of customers are unearthed as being overcharged after CB force their hand?