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  1. Hi MArk

    My Fixed rate mortgage of 4.99% finished. I was offered a tracker but the rate was 4.75%. The ECB rate at the time I took the mortgage was (November 2006) was 3.25% My Mortgage Standerisation terms show the tracker after year 5 would be 4.75% which was a margin of 1% above ECB rate. The bank are now telling me they want to take a margin of 3.25%. My Mortgage clearly says that the margin rate on a tracker cannot change over the term of the mortgage. Can you confirm that the bank must offer me ECB plus 1% which today would be 2.25% not 4.75% they are quoting

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