Northern rock loan over £25,000

bigbadwolf500 wrote: »

Isn't it done on a no win - no fee basis?

The answer is yes, its a conditional fee agreement, which is the correct name for a No Win No fee agreement. These agreements often cause confusion hence why we ask for the clients to call us so that we can go through the documents with them and explain everything that needs to be explained before anything is signed.

Hope that is ok

pt2537 wrote: »

Papers went out today i believe. When you receive the documents give us a call and we can go through them.

With regard to the comments below that this is likely to lead to an unknown outcome and likely to be rejected, i disagree, first the test cases we have run have been successful, we cannot disclose information about them obviously but we wouldnt be taking the cases forward if we didnt think we would be able to get a result, and second, if the case is unsuccessful or rejected then there is no fee as it is no win no fee. Anyway, if anyone has any questions its best that they get intouch as its really not the best to discuss these cases on here

Are you sending them out to all applicants? ie will I get one

Who did NRAM sell to? My mortgage is now managed by Whilstletree (TSB), Who are the other mortgages with?

Hi

I wanted to try and deal with some misinformation that has been bounced around concerning these cases we are dealing with.

1) We are looking at and are hoping to secure ATE Insurance to cover the adverse costs if court proceedings become necessary, this will mean, if unsuccessful and if ATE is in place the costs will be covered by the insurance which is self underwriting so no fee to pay out if you lose.

2) If the Claim is successful then the insurance is covered under our CFA

3) Many people have BTE insurance on their homes and contents insurance which may itself fund the Claims. A lot havent even checked.

4) The rewards are small!!! WRONG. The problem is, and ive explained this to everyone ive met so far, that the rewards are difficult to advise on at this stage for numerous reasons like

A) The test cases have confidentiality clauses so i cannot give an account of what happened because to do so would breach confidentiality, lose me my job etc
From dealing with the test cases one thing became clear, its NOT JUST about interest, interest is one issue, and in most cases COULD worth about £10k on its own, but its also about unfairness such as telephone harassment which could add a further £2k,£3k,£5k, £10k who knows, its also about undisclosed commissions which also took place, all of which come under the banner of unfair relationships.

So when people start quoting sums at me telling me the reward isnt worth the risk im afraid i dont agree, it costs nothing to sit and have a chat with us and let us go through everything before making a decision

5) Its unlikely, although not impossible, that Court proceedings would even be necessary. Experience suggests that these matters may well settle quickly, if that happens then risk is 0.01% reward is 110% which in my view is very much in the right favour

I have seen some messages which totally misrepresent what we are doing, so id ask if anyone has questions then please contact us and we would be happy to assist.

What do you mean, are you saying Landmark Mortgages are better than Northern Rock? I have had a horrendous time with them, they are completely unprofessional and extremely unhelpful.