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TOPIC: Mortgage underpayment 'error'

Mortgage underpayment 'error' 27 Feb 2013 12:38 #1

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Mortgage underpayment 'error' 27 Feb 2013 13:06 #2

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In their shoes I'd have to take that to court and point at the contract.
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Mortgage underpayment 'error' 27 Feb 2013 15:36 #3

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So banks can correct their errors in hindsight?

"That's right, I now realise getting a mortgage was a mistake, I'm unsigning it!" :hahano:
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Mortgage underpayment 'error' 27 Feb 2013 15:54 #4

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oioioi wrote:
So banks can correct their errors in hindsight?

"That's right, I now realise getting a mortgage was a mistake, I'm unsigning it!" :hahano:

lol if only huh? :D

Ofc they wait til the irish govt have said the bank guarantee is at an end before announcing this 'cock up'.
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Mortgage underpayment 'error' 27 Feb 2013 16:15 #5

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"The bank also refused to say whether it would be charging interest on the repayments it is now seeking". :O

Bloody hell - they should be liable for negligent conduct or something.

I don't know if it still applies, but a few years ago, if you wrote 'Full & final settlement', or even just 'FFS' on the back of a cheque and the payee cashed it, it was deemed as legally binding, & they'd be breaking the law if they pursued you later for further payments towards that transaction. Should try to check if it's still so, and use it for self-protection.
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