Bank of Ireland admits error in transferring over KBC mortgages

The mistake affects roughly half of the total customers transferred over from KBC

The error could see 35,000 customers' ability to get loans impacted. Gareth Chaney/ Collins Photos

An error by Bank of Ireland in the transfer of KBC mortgages could impact thousands of customers' ability to get loans over the coming weeks as it works to resolve the issue.

In advance of the Belgium-based KBC’s departure from the Irish market, approximately 70,000 mortgages were transferred to Bank of Ireland of which 35,000 are expected to be impacted by the error.