Mortgage Provider Fined 4.5 Million Euro For Overcharging Customers

A mortgage provider has been fined 4 and a half million euro for overcharging customers for their tracker mortgages.

A mortgage provider has been fined 4 and a half million euro for overcharging customers for their tracker mortgages.

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Springboard Mortgages is a unit of the Permanent TSB group.

220 accounts were at the centre of the probe undertaken by the Central Bank, and 5.8 million euro in redress and compensation has also been paid so far.