A UK money and finance forum. Finance Banter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » Finance Banter forum » UK Finance Newsgroups » UK Finance
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

UK Finance (uk.finance) Discussion about Finance issues in the UK.

Clydesdale to pay out after mortgage error



 
 
Thread Tools Display Modes
  #1  
Old December 29th 10, 11:13 AM posted to uk.finance
Robin T Cox
external usenet poster
 
Posts: 391
Default Clydesdale to pay out after mortgage error

http://thescotsman.scotsman.com/news...ter.6673536.jp

quote
Clydesdale Bank has been ordered to compensate a proportion of its mortgage
customers whose repayments were increased after a computer error.
Those due to receive a settlement are among the 18,000 Clydesdale customers
on variable rate mortgages - including 10,000 in Scotland - who faced
increases in their monthly repayments after the lender and its sister firm,
Yorkshire Bank, miscalculated their payments.

Some borrowers are understood to have won a £9,000 payout after the
Financial Ombudsman Service (FOS) ruled in their favour.

However, it is believed that just 100 cases are still under investigation by
the FOS, while the remaining customers have come to an agreement with the
banks.
/quote

--
Big Brother is watching ... so are we
Ads
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT. The time now is 08:10 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.Content Relevant URLs by vBSEO 2.4.0
Copyright ©2004-2012 Finance Banter.
The comments are property of their posters.