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Bank of Ireland tracker mortgage % increase

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Comments

  • rate_hike
    rate_hike Posts: 172 Forumite
    Atleast I get involved in what involves me ? did,nt think it would be long for you to comment LOL. What a life you both lead :( if it was,nt for BoI I certainly would not be on forums there,s a life beyond a comp believe it or not, go and get some real friends instead of virtual ones we don't bite. :D
  • rate_hike
    rate_hike Posts: 172 Forumite
    If your Bank said to you we cannot afford to fund the interest we pay on your savings so from next month your new interest rate will be minus 2% so now you will have to pay us that percentage on your savings for us to invest with, & all Banks rolled out this policy, then you wouldn't be on the Banks side ??
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    rate_hike wrote: »
    If your Bank said to you we cannot afford to fund
    the interest we pay on your savings so from next month your new interest rate
    will be minus 2% so now you will have to pay us that percentage on your savings
    for us to invest with, & all Banks rolled out this policy, then you wouldn't
    be on the Banks side ??




    When the banking crisis hit Nationwide BS has a clause in their mortages that linked them to base rate but to pay for this they screwed the savings rates so we all had to take a bite of the sandwich. Move on and vote with your feet and find a new lender.
  • rate_hike wrote: »
    Do you think this is the end of it then?. WB probably would not of come on board if we put up a good fight lucky I don't have any accounts with them, but it wont be long until I & many others will have with the other Banks that now have the green light. So yes that makes me bitter why come on here whingeing & do nothing ? I feel sorry for the Residential mortgagees as LL can ride the storm.

    It also seems strange that many of the 100 who put into a Class Action got the reprieve with the rest of 1200. BoI wanted to weed out the so called trouble makers doesn't mean that we have to turn our backs on the rest. I would still release more funds for court action they need about £200k when you brake it down that's £16 each how's that costly??????

    i dont bother anymore with this forum just came back after months away out of curiosity to find nothing changed,as one of the 100 who put into the class action and did not get a reprieve i would like to why not if they are getting rid of so called trouble makers.


  • 109 posts and 108 of them about BOI ....... Do you come on the forum just to tout for willing recipients to part with their money and join a group action against BOI?. :rotfl:

    thought this forum was about BOI?
  • The_Hawk
    The_Hawk Posts: 138 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Received an update from the Financial Ombudsman Service today, as follows:

    "When we last wrote to you we said that we were actively considering our approach to the complaints we have received about Bank of Ireland's interest rate changes. Our initial investigations suggest that there may be a range of outcomes, as consumers will have been affected by this issue in different ways.

    We have requested and reviewed details which Bank of Ireland provided us. However, we still need some further information about the complex issues involved. We will be requesting this additional documentation from the bank shortly. We are hopeful this will not take too much longer and appreciate your patience while we are looking into this matter."
  • Rate hike legal action gathering momentum for both Bank of Ireland and West Bromwich BS on Property 118 dot com
  • rate_hike
    rate_hike Posts: 172 Forumite
    edited 22 January 2014 at 10:53PM
    Its all starting to hot up just got to be patient looking good though
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Sounds good. What's happening?
  • Consumer Rights bill, BofI are criticising an endorsement of the idea that this might be the focus of a relevant amendment to the Bill.
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