Latest: €250million compensation paid to tracker mortgage holders

Latest: €250million has been paid to tracker mortgage holders who were done out of low-cost interest rates by banks, the finance minister said.

Update 6.25pm: €250million has been paid to tracker mortgage holders who were done out of low-cost interest rates by banks, the finance minister said.

Redress and compensation was made by the end of last year to 12,900 customers who paid too much for their loans.