Permanent TSB accept it may compensate customers for denial of tracker mortgages

Permanent TSB has said that “less than 200 accounts” will be impacted by the complaint being upheld by the FPSO. File picture

Up to 200 Permanent TSB customers could be entitled to compensation for wrongly being denied a tracker mortgage rate.

The banking sector has now been urged to be proactive in identifying customers who may be on incorrect rates and offer them redress instead of “dragging their heels, and in some instances fighting cases against impacted customers”.