MORTGAGE lender Permanent TSB has been forced to put 53 customers back on trackers and compensate them.

It comes a week after AIB admitted it had to restore trackers to 214 customers, after failing to offer them trackers when they came off a fixed rate.

In May, Bank of Ireland had to restore more than 2,000 people to trackers after it admitted it failed to observe Central Bank rules about the need to warn customers of the cost implications of giving up a tracker.

Lender pays compensation after error with trackers (Independent)