L
laurloll20
Guest
Hi I am hoping someone can help me out. I discovered yesterday through my current a/c bank statement that my fixed mortgage rates have changed due to a decrease in my TRS.
The changes are an extra €110.00 per month since Jan 11 coming out of my a/c off my mortgage. (I am in the 7th year of my mortgage)
I contacted my lender with whom my mortgage and current a/c is with and aksed why they never informed me of the increase in payments and they advised that its not their responaibility to do so that it should have been revenue. I did have my mortgage with another lender until they closed and were taken over by my own bank and that lender ALWAYS sent us notification of changes in TRS to our fixed mortgage but the bank that have taken them owner say its not up to them and it should be revenue.
Can anyone tell me is this the way it works that they can take extra money (which I am lucky has been there the passed 3 months) out of my account without notifying me??? What if I didnt have that extra money in my account I would be in arrears.
Any help/ advice would be great.
The changes are an extra €110.00 per month since Jan 11 coming out of my a/c off my mortgage. (I am in the 7th year of my mortgage)
I contacted my lender with whom my mortgage and current a/c is with and aksed why they never informed me of the increase in payments and they advised that its not their responaibility to do so that it should have been revenue. I did have my mortgage with another lender until they closed and were taken over by my own bank and that lender ALWAYS sent us notification of changes in TRS to our fixed mortgage but the bank that have taken them owner say its not up to them and it should be revenue.
Can anyone tell me is this the way it works that they can take extra money (which I am lucky has been there the passed 3 months) out of my account without notifying me??? What if I didnt have that extra money in my account I would be in arrears.
Any help/ advice would be great.