Some of the more recent tracker loan offers have a get out clause for the bank allowing them to use another reference rate other than the ECB if an event occurs than fundamentally affects the use of the ECB as a reference rate.
Permanent TSB for sure and EBS according to this
http://www.askaboutmoney.com/showthread.php?t=95404
I got a good deal with NIB and was wondering is there any way they can change the terms or take me off the tracker mortgage and put me on a variable rate?
The get-out clauses seem to be a relatively new (since summer) thing. When did you get your mortgage from NIB? Best thing is just to give them a call.
Sprite
lodged a complaint with Ulster bank today, as they are delaying passing on the rate as long as they can 30 days, however the raise in interest rates was passed on straight on,
lodge a complaint if your not happy
Some of the more recent tracker loan offers have a get out clause for the bank allowing them to use another reference rate other than the ECB if an event occurs than fundamentally affects the use of the ECB as a reference rate.
lodged a complaint with Ulster bank today, as they are delaying passing on the rate as long as they can 30 days, however the raise in interest rates was passed on straight on,
lodge a complaint if your not happy
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