Tracker Mortgage Scandal: Hundreds may find their complaints judged out of date

The Financial Services Ombudsman has warned that hundreds of borrowers who believe they were affected by the tracker mortgage scandal may find their complaints judged out of date.

Already, 103 complaints relating to tracker mortgages are being assessed as banks believe that borrowers left it too late to lodge their claim. However, Ger Deering said up to 500 complaints are likely to require further assessment.