A financial expert from Kerry says banking errors which resulted in mortgage holders being over-charged are not limited to Permanent TSB.
A redress scheme has been put in place by the bank offering compensation to affected customers of up to 50 thousand euro. 22 customers lost their homes and in total around 1,400 customers were affected. Padraic Kissane, who is originally from Lisselton and runs Kissane Financial Services, helped the Central Bank with their investigation in recent years. He says nobody at the bank has yet been held to account for the error and no amount can adequately compensate people who lost their home as a result of a banking error by Permanent TSB: