Tracker scandal: banks face injunctions over repossession cases
Ex-minister: banks given ‘a licence to play fast and loose with consumers’; Bank of Ireland tells customers to halt sales until scandal is dealt with
The tracker mortgage scandal is escalating this weekend, with several lenders facing the threat of injunction proceedings over ongoing repossession cases and Bank of Ireland informing customers who were voluntarily selling their homes to clear arrears to put the sale on hold, as they may be affected.
It has also emerged that several banks which have repossessed houses and apartments belonging to both personal mortgage customers and buy-to-let investors have offered to return ...
