15 Ulster Bank customers lost homes over tracker moves

Fifteen Ulster Bank customers had their homes seized as a result of their mortgage being changed from a tracker rate.

In documents prepared for the Oireachtas finance committee, which will hear from bank management today, the bank confirms homeowners lost their private dwellings as a result of the scandal.

Finance Minister Paschal Donohoe said the “appalling behaviour” of the banks was not acceptable and was adamant that those affected should be awarded redress and compensation.