The Central Bank of Ireland recently carried out a review of Tracker Mortgage Products, it has since come to light that since 2004 some mortgage customers may have been charged incorrect mortgage interest rates.
Some customers were not offered or were removed from Tracker rates that they were contractually entitled to within their loan agreements. This has resulted in customers being charged incorrect mortgage rates and has resulted in significantly higher mortgage repayments for most affected customers.
To date affected customers should have received correspondence from their lender but this is not necessarily always the case. If you think that you are affected or should be included in the review then be sure to contact us today.
We recommend that all mortgage customers get in touch as even customers that have never held a 'tracker rate' may be entitled to make a claim.
If you are unsure about your rate of interest or just have a general query please feel free to contact us. Our first consultation and initial review of paperwork is free of charge and should offer a good indication if you are eligible for redress and compensation.
We have achieved significant refunds and compensation on behalf of our clients to date. Some testimonials appear below from customers who have been successful with our assistance in making claims.
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"I ignored the advice of a number of other friends suggesting a broker wasn't really needed - and am thoroughly glad I did. Engaging with McCarney Financial Services was the best decision I made throughout the whole house buying process. All of my questions along the way were handled in a quick and hassle-free way, along with bits of helpful advice at every stage in the process - and all this with a very personal touch. Highly recommended."
"Now that I have all the boxes unpacked and beds reassembled, I just wanted to drop you a quick note to thank you for all the effort you put in over the last 18 months on my mortgage application(s). It was much appreciated. I have a colleague in work who applied for a mortgage directly and is currently working his way through a nightmare of lost documents and an unresponsive bank - best decision I ever made was to go through yourselves to handle the mortgage application. I will definitely be recommending McCarney Financial Services to friends and colleagues."
"I am grateful to Ciaran for helping me get my mortgage and all that goes with it ie: mortgage protection, serious illness cover, income protection & pension. When I fell ill 4 years ago my mortgage was cleared and I had extra income to support me while out of work. Ciaran is just a phone call away to offer support and advice when needed."
"Ciaran and his team secured a tracker mortgage portability product for us with PTSB in a very short timeframe, allowing us to move into our new home much sooner and with all the hassle taken away. We cannot recommend McCarney Financial Services highly enough."
S. & E.
"I have had dealings with McCarney Financial Services since 1999 when it opened. Ciaran and all his team are wonderful to deal with – the level of efficiency and professionalism is second to none and nothing is ever a problem. Ciaran is very experienced in all financial matters and this experience is evident in the smooth running of all files he deals with, no matter how complex."
"After a number of months of letters, emails and phone calls made by Mc Carney Financial Services the bank eventually agreed to give me my Tracker facility, in addition I received a substantial refund of overcharged interest that I paid while on the higher rate. Had I not employed the services of McCarney Financial I would not have received such a favourable result, I couldn't recommend McCarney Financial Services enough."
"Every step of the way, Ciaran and his team kept in constant communication with us, explaining what the next step was, ensuring that all our needs and requests were met and at times going beyond what was expected of them. We would have no hesitation in recommending McCarney Financial to friends, family or anybody out there thinking of buying or moving home."
Chris & Lynne
"We would like to take this opportunity to thank you for a very professional and pleasant experience. Just as we were giving up all hope on our dream move, a friend recommended yourselves and after our initial meeting that move became a reality in a very short time."
Mark & Sheila