Registrar says bank’s behaviour to divorcee ‘disgraceful’

Legal pressure by a bank to get a divorced mother of two to switch from a tracker mortgage to a new loan agreement, carrying legal costs of more than €3,000, was yesterday described by as “disgraceful”.

County registrar Pat Wallace struck out a case at Limerick Circuit Court, brought by AIB Mortgage Bank, against a woman who was keeping repayments up to date on her original mortgage and arrears, totalling just over €93,000.

Mr Wallace described the behaviour of AIB Mortgage Banking as “disgraceful”, in seeking new and addition legal fees as part of the process, where the woman was repaying €480 on her original tracker mortgage.