The head of the Central Bank has hit out at banks for taking too many customers off tracker mortgages.
The head of the Central Bank has hit out at banks for taking too many customers off tracker mortgages.
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Philip Lane says it's "absolutely unacceptable" that so many customers were taken off their cheaper tracker rates than they should have been.
He's promising the bank will take full action against any lender who switched a borrower's rate unfairly.
He says the process will take time, but action will be taken
