Bank of Ireland (UK) Plc

Financial Ombudsman decision DRN4401034 Upheld

Upheldoutcome, as published by the Ombudsman

£638redress stated in the decision

—deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

Mortgage administration

In the Ombudsman’s words

Mr B complains that Bank of Ireland (UK) Plc did not tell him when he made lump sum payments to his buy-to-let mortgage that he could reduce its term, rather than having the payments recalculated.Mortgage administration

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN4401034.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.