June 30, 2021
For educational institutions
⟶ Updated 16 Jan 2020 ⟶
List of edits
Mortgage Taken Out
Note: Mortgage Payments Fluctuate Between 2006 - 2011
Letter RE: Inquiry of Fixed Rates
Letter RE: Euribor -> BCOF
Statement 66: €1196 - Pension Backed Note Commerical = €2505 interest rate on statement = 3.27%
Meeting with BOI: 'Loan not performing' - Due to pension No Missed Payments + Pension Maturity = 2025. Discussed Selling Garage ( Not Collateral)
Employed IRC to review case (Forensic Accountants) Analsyed Euribor/Bcof difference
Met Barrister In FourCourts - Martin Hayden, happy to take on bank on Clause(Euribor->BCOF)
Letter Asking BOI if loan was part of Tracker Mortgage Redress Issue 7 Weeks Later: Denied that it was.
Pension Payments Cease (Sometime in 2012)
Letter Sent to Bank Enquiring to Breakdown of BCOF/Cost of Liquidity/Margin Treated as Complaint multiple times despite Barristers Letter.
Eventual Reply following numerous 21 days/ 7 day warnings etc. Confirm interest rates as per statements with breakdown of BCOF/MArgin (Not Cost of Liquidity)
Employed Bankcheck Ireland to do similar review
Employed Financial Advisor to Deal with Bank.
Meeting: Solicitor/Barrister/Pj/Conor - Decision RE: Course of Action ask for breakdown of loan then threaten legal action
Monthly Payment = €1196 / € 2505 Interest Rate on Statements = 1.61% (December 2019) Interest Rate in 2011 = 3.27%
Bank:Delay Responding to Solicitors Letters RE: Interest Rate Breakdown
BOI Delay Responding to Mortgage TRacker Redress Query from Financial Advisor
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