Dpdp01050842
Registered User
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Agreed. Once mine is accepted or rejected I’m happy to share.
I got the same thing about them saying that it was a mistake from them but that they decided to honour it by refunding the over payment. Then separately they argue that they were attempting to give me a better rate. However, I had a contract and they were in breach of it.No it’s not a mistake. I know as it was discussed when I drew down the mortgage. The EBS position is that all BTLs with the price promise in the contracts (likely 100’s) were mistakes. They say this clause being included was a “manual error” and “should not have been included” but “we have now decided to honour it”.
June 2008
* and error above. My rate should have been ECB + 1.5%. My current annual interest due would now be €2,700 instead of the last year before I sold of €12,010.
Of course my decision to sell was a purely commercial decision and the rate had nothing to do with it. I’m your ordinary irrational loss seeking investor.
Hi Dpdp. Did you ever get any further with this?Yeah it’s a joke. I guess the best thing to do is be grateful that the stupid process is over in the hope the FSPO will see that we are not a bunch of loons who sell property without consideration for the value of our investments
The CBI published examples of affected people and sums involved. In one particular case a bank gave 174k for a lost home. The example given was very similar to ours, yet we had such a drastically different outcome.
Yes.Did you all get Padraic Kissane to represent you for appeal? Best €4k I ever spent re BTL / tracker not applied/ EBS forced sale.