I have a BTL mortgage with an Irish based bank. The loan is in arrears and I have been attempting unsuccessfully to engage with them meaningfully on a resolution. They are totally disinterested and have the appearance of having sold the loans.
My question is not about the loan itself but about the banks selling loan books to funds. Are they under any obligation to inform a borrower if asked, if their loan is part of a portfolio being sold?
My question is not about the loan itself but about the banks selling loan books to funds. Are they under any obligation to inform a borrower if asked, if their loan is part of a portfolio being sold?