Askaboutmoney

20 results

Brendan Burgess, founder of askaboutmoney.com, said on Monday that rather than requesting the banks to extend repayment breaks, the Government should instead consider offering a mortgage assistance payment to those in long term difficulty.

The State should offer financial assistance to homeowners struggling to meet their mortgage as a result of Covid-19, a consumer advocate has said, ami(...)

AIB chief executive Colin Hunt. In February, the bank announced it was taking an additional €300m provision to deal with tracker mortgage cases. File photograph: The Irish Times

AIB has begun paying refunds to 5,900 customers who were wrongly denied a tracker mortgage about a decade ago. All of the refunds are due to be paid o(...)

A spokeswoman for Ulster Bank  said  no  customer who was entitled to a payment break, or a payment break extension, had it withdrawn from them. Photograph Nick Bradshaw

Ulster Bank wrongly told customers they were not entitled to Covid-19 mortgage payment break extensions after initially informing them that they had q(...)

It makes no sense for Government Ministers and opposition politicians to be berating lenders for charging interest to the 72,000 mortgage holders to whom banks have given a payment break. Photograph: Crispin Rodwell/Bloomberg

Every day, up and down the country, borrowers reschedule their mortgages. This happened before the pandemic. It’s happening during the pandemic. And i(...)

AIB revealed it has provided over 40,000 temporary payment breaks for households and businesses hit by the economic shock

Shareholders dialling in AIB’s annual general meeting on Wednesday looking for a steer on how the global pandemic has impacted the bank were generally(...)

Photograph: iStock

Bank of Ireland has offered compensation to 400 mortgage borrowers that were deep in arrears, after the lender failed to send necessary “calling in de(...)

AIB said the affected customers would receive payment in July and August. Photograph: Aidan Crawley/Bloomberg via Getty Images

AIB has moved to clarify that a group of 5,900 customers who would have been entitled to avail of a prevailing tracker rate when they came off fixed-r(...)

AIB was offering tracker rates at 1.25-1.5 per cent above the ECB rate before it withdrew this product for new customers in 2008

I see that AIB has had to set aside a further €300 million for tracker mortgage cases. I thought a line had been drawn under the scandal? If only. Th(...)

Brendan Burgess addressing a Bank of Ireland AGM in UCD. Photograph: David Sleator/The Irish Times

High profile consumer advocate Brendan Burgess has suggested that nobody lost their home as a result of being denied a low-cost tracker mortgage, in s(...)

Brendan Burgess: accuses Ulster Bank of wrongly suggesting that owner-occupier loans were 58 months, almost five years, in arrears. Photograph: Cyril Byrne

Investment adviser Brendan Burgess has accused Ulster Bank of being “disingenuous” about the €900 million worth of home loans it is selling. Ulster B(...)

  • 1
  • 2
  • Next
  • Last »