Bank of Ireland and Bristol & West customers with tracker mortgages are having their rates increased - despite the fact that the Bank of England has not changed it's rates. The rate would now be 3.99% above the Bank rate!
They seem to be claiming that some small print lets them do this. Doesn't sound like they are treating the customers fairly to me.
Bank of Ireland is pulling out of the British mortgage market, except through its joint venture with the Post Office which it continues to lend through. So I guess the Post Office will come in for some stick also.
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