Hi Guys,
I was wondering if anyone could provide any information that might help me in my case against Ulster Bank. My case sounds very similar to @peteb case minus the payment holiday bit. I fixed in 2007 for 2 years and in 2009 was not offered back my Tracker. My original mortgage was taken out on an ECB +0.75% rate and as mentioned by other members my fixed rate authority also mentions the "Ulster Bank Home Loan Rate" on expiry of the fixed rate. My complaint was refused mediation by the bank and the Obudsman has already sent a series of questions to the bank and the bank has replied outlining their case. There main defence seems to be a certain part of the terms and conditions of the mortgage 14c (ii) variable rate which may be adjusted by the bank which I don't have anywhere in any of the original documentation I received from them.I need to formulate my response back to them now so if there is anything anyone could provide or if @peteb you still have any details on your case that you could share that might help I would really appreciate it. Thanks. John
I was wondering if anyone could provide any information that might help me in my case against Ulster Bank. My case sounds very similar to @peteb case minus the payment holiday bit. I fixed in 2007 for 2 years and in 2009 was not offered back my Tracker. My original mortgage was taken out on an ECB +0.75% rate and as mentioned by other members my fixed rate authority also mentions the "Ulster Bank Home Loan Rate" on expiry of the fixed rate. My complaint was refused mediation by the bank and the Obudsman has already sent a series of questions to the bank and the bank has replied outlining their case. There main defence seems to be a certain part of the terms and conditions of the mortgage 14c (ii) variable rate which may be adjusted by the bank which I don't have anywhere in any of the original documentation I received from them.I need to formulate my response back to them now so if there is anything anyone could provide or if @peteb you still have any details on your case that you could share that might help I would really appreciate it. Thanks. John