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To All Nr Mortgage Clients Pre Sept 07

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Why oh why are you not all collectively forming an action group & lobbying for:

TREATING CUSTOMERS FAIRLY?


Question 1: Is offering new clients deals, unavailable to existing clients TREATING CUSTOMERS FAIRLY?

I would hope you all have many others unanswered questions such as repossessions etc.

FROM FSA WEBSITE
quote: We have set firms two deadlines for this year - by the end of March 2008 firms are expected to have appropriate management information or measures in place to test whether they are treating their customers fairly; and by the end of December 2008 all firms are expected to be able to demonstrate to themselves and to us that they are consistently treating their customers fairly.
http://www.fsa.gov.uk/Pages/Doing/Regulated/tcf/index.shtml


People who decided to form a group and raise objections re' Shared Appreciation Mortgages (SAMs). Bank of Scotland are moving their case forward through similar action . http://www.safe-online.org/SAFE-HBOS-TALK-OVER-SAMS.html

Good Luck

This thread is to support all NR Customers, so please for those who feel these problems are the responsibility of the borrower who you may considered to have acted irresponsibly, please post your remarks on another thread, I thank you respectfully for this.


Comments

  • Feisty, as an adviser, you should be aware that quite a few lenders offer deals to new customers, that aren't available to existing customers, so why target it purely at Northern Rock customers?
  • feisty1
    feisty1 Posts: 1,487 Forumite
    Tiddler wrote: »
    Feisty, as an adviser, you should be aware that quite a few lenders offer deals to new customers, that aren't available to existing customers, so why target it purely at Northern Rock customers?

    Thk u for bringing this to my attention & yes yr correct I am aware. I know exactly why I am posting this thread, thks for yr input.
This discussion has been closed.
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