Around two thousand customers of Permanent TSB are in for a windfall after the bank withdrew a Supreme Court appeal regarding tracker mortgages.
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Two customers who had switched out of cheap trackers to fixed rate mortgages complained to the Financial Services Ombudsman when they were told they couldn't switch back.
They took a successful case to the High Court, and PTSB were due to appeal the finding, before pulling out this morning.
Personal Finance Editor with the Irish Independent Charlie Weston says they'll get a tidy sum