Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Monday 4 December 2023 Dublin: 3°C

# Tracker Mortgage

This year
2023
Bank issues €120,000 settlement after placing woman's house for sale without her knowledge
The Financial Services and Pensions Ombudsman (FSPO) today published its overview of complaints that it received last year.
Financial expert: 'Never give up your tracker' may not be the best advice anymore
Mark Coan of moneysherpa has some advice for those on a tracker mortgage.
Last year
2022
Timeline: How the tracker mortgage scandal unfolded in Ireland
Bank of Ireland has been fined €100,520,000 by the Central Bank for its role in the controversy.
All time
KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures
However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.
AIB setting aside €300 million redress for 'previously identified' tracker mortgage victims
The Central Bank said last year that lenders had already paid €683 million in redress to impacted customers.
KBC Bank admits it used time limit clause in 27 tracker complaints to Ombudsman
A number of banks, including KBC, reversed their decision to challenge the investigation of these complaints after a public rebuke by the ombudsman.
Lenders expected to row back after rebuke from ombudsman over tracker mortgage complaints
Ger Deering this week revealed 500 complaints could be impacted by banks’ use of time limit clauses.
Banks use time limit to challenge tracker mortgage complaints to Ombudsman
Ombudsman Ger Deering said up to 500 customers could be affected by these challenges.
Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal
There were 99 homes lost as a result of lenders’ failings as well as 216 buy-to-let properties.
More banks to face fines over tracker mortgage scandal as officials coy about revealing cost details
Ulster Bank recently told an Oireachtas Finance committee that it will not be disclosing the amount of money it has set aside to deal with the fine.
Permanent TSB fined record €21 million over tracker mortgage scandal
PTSB has apologised “unreservedly” to the customers affected by the tracker mortgage scandal.
Couple received €40,000 after insurer tried to reject storm damage claim
There were 5,692 complaints made to the financial services ombudsman last year – one third of those about insurance.
Central Bank says 35-45 year olds who bought homes in the boom will be most impacted if tracker rates rise
Despite Brexit, the Central Bank believes workers are in line for pay increases of up to 7% over the next two years.
Banks pay out €647 million to victims of tracker mortgage scandal
The number of people affected by the overcharging scandal has now risen to almost 40,000.
Financial services watchdog received over 900 complaints about tracker mortgages
All of the complaints are on hold until the Central Bank finishes its review.
'I am really struggling': Thousands still left in tracker mortgage scandal limbo
Financial adviser Padraic Kissane believes an extra 3,000 people may be affected, but some may have to go to the courts to get their money back.
Tracker mortgage scandal: Overcharging total expected to reach €700 million
Padraig Kissane said he believes a further 5,000 cases not yet included in the investigation are impacted.
Galway couple overcharged €1.23 million by KBC Bank on their mortgage
The couple were overcharged on mortgages for a number of investment properties.
Tracker scandal: Just a quarter of PTSB customers who lost homes have appealed
Sinn Féin’s Pearse Doherty said there was an “onus” on the banks to get in contact with these customers.
Tracker mortgage scandal: AIB did not consider 'the potential fallout'
About 10,000 account holders were impacted by the scandal.
'Take a look in the mirror': Why didn't the Central Bank act earlier on the tracker mortgage scandal?
The Central Bank’s governor Philip Lane confirmed 13,000 impacted customers are still waiting to get their money back.
Minister willing to bring in new laws to punish reckless behaviour of senior bankers
Paschal Donohoe was speaking to the Finance Committee today about the tracker mortgage scandal.
Here's how banks plan to 'rebuild trust' after the tracker mortgage scandal
The initiative has been welcomed by Minister Paschal Donohoe today.
Here's how many customers each of the main banks say they overcharged
Some of the banks have increased their numbers significantly.
It gets worse: Central Bank forces lenders to admit 13,600 more tracker victims overcharged
We now know at least 33,700 customers were overcharged and the Central Bank said it had to “relentlessly pursue” lenders in many of these cases.
Couple battling to keep home discovered they're victims of tracker mortgage scandal 'by accident'
The family were forced to go to the St Vincent de Paul to put food on the table for their children after paying €1,080 a month in mortgage repayments.
'There's no evidence of a banking cartel in Ireland', says watchdog
But the CCPC hasn’t ruled out the possibility banks colluded over the tracker mortgage scandal.
BOI hiking up some tracker mortgage rates by 1% 'should not have occurred'
Minister Paschal Donohoe said he would be raising the issue with the Central Bank.
Central Bank wants bank execs to 'take a long hard look in the mirror' over tracker scandal
Deputy Governor Ed Sibley said he expects board members to be held to account over the errors.
Bank of Ireland confirms additional 6,000 customers overcharged in tracker scandal
This brings the total number of impacted Bank of Ireland customers to 10,300.
Margaretta D'Arcy tried to perform a 'citizen's arrest' of AIB bosses over the tracker scandal
D’Arcy – who has a history of taking part in high-profile campaigns and activism – took to the stage at the EGM today.
Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers
Paschal Donohoe says he’s prepared to use his influence as a shareholder if he’s not satisfied with how banks perform.
Poll: Are the banks doing enough to tackle the tracker mortgage scandal?
The Central Bank has said the “vast majority” of those affected will be repayed by Christmas.
Tracker scandal: Repayments by Christmas as Donohoe bemoans 'cultural issue' with banks
The CEOs of Bank of Ireland, Permanent TSB and KBC held talks with the Minister for Finance today.
From 'I don't know what a tracker mortgage is' to the biggest financial scandal of our time
The heads of three banks are due to meet with the Finance Minister to discuss the issue today.
'A dog who won't bark, never mind bite': Central Bank in the firing line over tracker scandal
More than 20,000 people were impacted by the scandal and numbers are likely to rise.
Taoiseach says banks' behaviour on tracker mortgages is 'scandalous'
Donohoe is calling in the bankers on Monday and Wednesday to “admonish” the chief executives.
23 people lost their homes because of the tracker mortgage scandal
Financial institutions have paid out €163 million to affected customers to date.
'The banks took their money, turned their lives upside down, and shattered their dreams'
Fianna Fáil’s Michael McGrath said the Central Bank will be grilled on the tracker mortgage scandal next week.
More than 30,000 people may be affected by tracker scandal - double the Central Bank's estimate
Financial advisor Padraig Kissane said many people who should be included in the current redress process have been told they are not impacted.