Tracker mortgage cases may top 36,000 as Ulster Bank talks continue

Delays in repaying customers will not be tolerated, Central Bank executive says

Central Bank director general of financial conduct Derville Rowland: “This has taken longer than I’d have liked.” Photograph: Cyril Byrne

Central Bank director general of financial conduct Derville Rowland: “This has taken longer than I’d have liked.” Photograph: Cyril Byrne

Ulster Bank may have as many as 3,000 as-yet unidentified customers caught up in the State’s tracker-mortgage scandal, undermining the industry’s latest attempt to draw a line under the matter.

This comes as sources say banks have so far admitted that at least 37 borrowers have lost their homes as a result of the tracker controversy. This number has grown from 23 in the past two months, and is expected to rise further. The number of buy-to-let property losses remained at 79, they said.

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