First Active/Ulster Bank mortgage rate increase

Hi folks. First time poster long time reader here!

My mortgage is with First Active or Ulster Bank as they are now. I've noticed in the last month my mortgage repayments have increased (standard variable).

The problem is I've received no notice or advance warning of this increase, I'm assuming they hiked up their interest rates.

Before i send them a snotty letter telling them of the shock I got when I last checked my account I was hoping somebody could tell me if they are obliged to give me notice of any such increases?

As a side issue, I dont remember any media hype about this (I am aware of the PTSB situation), does anyone remember any press releases etc. advising/discussing this increase?

Thanks in advance to anyone who can clear this up.

No changes have been made that I am aware of, they have to be put it in the newspapers and you should get a letter advising you.

I'd imagine its the TRS dropping or something like that, sure give them a call, I would..

your trs has dropped.
and why write a letter when you could get the answer by phone in 2 minutes.

Thanks guys, never thought of the TRS possibility. Makes sense now that I think about it.

Its just been one of those weeks - I just felt in the mood to write a strongly worded letter to somebody about something!