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Listen: Financial Watchdog Awards Customer €22,000 After Being Denied Tracker Mortgage Interest Rate.

: 08/07/2020 - 12:16

The financial watchdog has awarded a customer €22,000, after they were denied a tracker mortgage interest rate.

The compensation was paid after they suffered significant overcharging, due to being refused the rate.

It is just one, of 72 complaints, the Financial Services and Pensions Ombudsman upheld in the first five months of this year.

Ombudsman Ger Deering says the watchdog is still dealing with a large number of tracker mortgage issues:

gerdeering.wav, by Ciara Noble

 

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