NatWest (merged)

natweststaffmember · 26 June 2007 at 9:23PM

Wardo, they will be sending the offer, but can you wait for THEM or are you sticking to YOUR timescale? Your claim and Your choice.

PeteW · 26 June 2007 at 10:07PM

Hi guys, I was wondering if you could help.

I've put in a court claim against NatWest, and have since received a letter from them offering to repay all charges. However, it does does include the interest the court would award (which is almost £1000), nor would I get back my £120 court costs.

As such, I'd be inclined to reject the offer and continue the court action but the amount they have offered (saying this is 100% of charges) is a fair bit less than the total I calculated. I have since realised that this is because I have accidentally included the £6 (now £12) charge I pay for my Advantage Gold account.

Is there anything I can do other than accept their offer? As the amount of my court claim is incorrect would I automatically lose?

Any help would be hugely appreciated!

Thanks

Pete

wardo_2 · 26 June 2007 at 10:11PM

I think to be honest I will wait it out. The time scale is going to be the same to be fair - the trouble.
Wish they would hurry up I want a holiday

tednted · 26 June 2007 at 10:16PM

Hi everyone need help Natwest are now defending and just had a letter from their solicitors cobbetts. Now waiting for the court to send there bit can anyone help on this bit.
I can tell you its scary to me its £7.5k with interest and thats a lot of money to me.
Thanks
Ted

skintscouser · 26 June 2007 at 10:19PM

GarethR wrote: »

My money is on them defending, this is a usual tactic of theres, sorry to say.

hi Gareth. Could you expand on this if u can please. Just that I have two cases going through Moneyclaim against Natwest (bank acc and credit cards). They have acknowledged and I'm waiting to see what tactics they use. Any experience you've had with them would be of interest. Cheers in advance.

skintscouser · 26 June 2007 at 10:28PM

tednted wrote: »

Hi everyone need help Natwest are now defending and just had a letter from their solicitors cobbetts. Now waiting for the court to send there bit can anyone help on this bit.
I can tell you its scary to me its £7.5k with interest and thats a lot of money to me.
Thanks
Ted

hi Ted. I don't have an answer as I am at a similar stage to you. But, on the 'fear factor' subject... this is Martin Lewis' comment (cut from the MSE guide) on what happens if they defend.. Hopefully this may calm your nerves a little.

''EVEN IF IT DEFENDS THE CLAIM, DON'T WORRY.

I know this is the point where people get scared, which is what the banks want. If you’re one of the very few cases where the bank does enter a defence, don’t worry too much, this is pure posturing. In almost every case it's simply a way to try and make you settle, or argue that you've asked for too much (e.g. you've gone beyond six years or tried to claim compound rather than statutory interest).

Yet, at this point you’re now in the proper court process. There’s a straightforward form called the Court Allocation Questionnaire which you need to fill out and return to the court. The next stage should be a small claims hearing date, yet this virtually never happens, as the banks tend to offer a settlement at this stage. In fact, so much so judges have been very critical of banks' procedures for wasting court time.''

ripski · 27 June 2007 at 8:19AM

tednted wrote: »

Hi everyone need help Natwest are now defending and just had a letter from their solicitors cobbetts. Now waiting for the court to send there bit can anyone help on this bit.
I can tell you its scary to me its £7.5k with interest and thats a lot of money to me.
Thanks
Ted

My case was for a similar amount over £7000 and would have been £ 9000 with interest
I was as worried stresed and insecure as everyone else
I stuck to Martins templates and deadlines. I sent one additional letter offering to settle and avoid court at £7000 ie charges pointing out that court would cost them more -No repsonse-
Filed at MCOLT. hey acknowledged in time and then it looked as if they were not going to defend Yipee At the 11th hour ie 2.0pm on the last day when I could have got judgement they lodged their defense
about 2 weeks later I receided the solictors defense papers inone envelope and an offer for £ 6000 in another .
Telephoning -Your choice you or may not get anywhere Duringhte process i only got frusrated with hold , call centre etc
After the offer I rang up to negiotiate Got through 1st thing in morning Was told " Not allowed to negotiate by phone" But other sonthis site have
I settled for the £ 6000 as I needed the money and was happy.Everyone has tomake their own decions
My advice is to stick to the templates ,deadlines and advice on here and you will get something
You cant lose as you will be in no worse a position than previously
PS My daughter just went through the templates with barclaycard .Did not use MCOL or FO and she got all chages back of £ 2200

GemHew · 27 June 2007 at 9:55AM

Hi, I have sent a separate letters requesting the charges for my 2 Natwest accounts, totalling approx £7K for both accounts. I have received a reply from the bank not who have stated that the process will take approx 6-8 weeks to check my claim. This letter arrived after I had sent the court threat letter. Do I now continue with my timeline and go to the small claims court, or wait for the banks 6-8 weeks??
Please help, this money would really help!!

nickmack · 27 June 2007 at 9:57AM

GemHew wrote: »

Do I now continue with my timeline and go to the small claims court, or wait for the banks 6-8 weeks??

Stick to your timetable.

GemHew · 27 June 2007 at 10:54AM

Thank you, wil do!

NatWest (merged)

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