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Northern rock loan over £25,000

19899101103104186

Comments

  • Bignosher13
    Bignosher13 Posts: 33 Forumite
    edited 3 April 2015 at 12:47AM
    Brought forward by a couple of days.

    I suspect the result to be post election somehow.

    Not long now everyone ….

    Case
    Reference: A3/2015/0150

    Title: NRAM Plc v McAdam & Anr

    Type: Appeal

    Appeal / Application:
    from the order of Mr Justice Burton
    High Court QBD Commercial Court dated 10-Dec-14
    Hearing Status: Float on 27-Apr-15 or 28-Apr-15 estimated length (in hours): 10:00

    Venue: London

    Constitution:
    Not assigned
    Not assigned
    Not assigned

    Case results:
    Track Your Case:
    Current Status: Awaiting a hearing - see Hearing Status

    Tracking Information:
    20-Feb-15: Case passed to List Office
    18-Feb-15: Letter sent to applicant/solicitor to request bundles and/or documents
    17-Feb-15: Application allowed on paper by Lord/Lady Justice
    06-Feb-15: Application referred to Lord/Lady Justice
    22-Jan-15: Bundle(s) approved


    Last Updated: 31-Mar-15
  • stusimpson
    stusimpson Posts: 12 Forumite
    Can anyone enlighten me as to why the 2009 date is relevant ?

    My Together mortgage which i redeemed last year was from 2007?, surely the redress goes back to then. Or has it something to do with only going back 6 years?

    Well done to all the folks on here who have been fighting hard for years.

    Cheers Stu
  • stusimpson
    stusimpson Posts: 12 Forumite
    Aha just read back a few pages, all understood!
  • keg1keg
    keg1keg Posts: 117 Forumite
    Has any one else received a letter `planning you future` discusses interest rates and encouraging us to look for a better deal elsewhere ! Obviously, no other lender will consider us ! Anyone ?
  • tonyh66
    tonyh66 Posts: 1,736 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    keg1keg wrote: »
    Has any one else received a letter `planning you future` discusses interest rates and encouraging us to look for a better deal elsewhere ! Obviously, no other lender will consider us ! Anyone ?

    Yes, I'm looking to re-mortgage this year, eventually got enough equity in the property to cover paying off the loan part and reducing monthly payments and the length of time I will be paying it. Hopefully this will come good for all of us and the interest repayment can go to a better LTV for me.
  • NorthernRockVictim
    NorthernRockVictim Posts: 164 Forumite
    edited 13 April 2015 at 5:01PM
    Yep, they're trying to get rid of us as we're considered to be high risk when evaluating borrowers in today's market place.

    Please consider this - IF they lose then every month that goes by is costing them 8.5% per annum statutory compound interest until they settle. You won't get that return anywhere else, so keeping the loan alive may be a wise investment choice.
  • Dear All,

    The justice Web page now names the residing judges:-Case
    Reference: A3/2015/0150
    Title: NRAM Plc v McAdam & Anr
    Type: Appeal
    Appeal / Application:
    from the order of Mr Justice Burton
    High Court QBD Commercial Court dated 10-Dec-14
    Hearing Status: Float on 27-Apr-15 or 28-Apr-15 estimated length (in hours): 10:00
    Venue: London
    Constitution:
    THE MASTER OF THE ROLLS
    LORD JUSTICE RICHARDS
    LADY JUSTICE BLACK
    Case results:
    Track Your Case:
    Current Status: Awaiting a hearing - see Hearing Status
    Tracking Information:
    20-Feb-15: Case passed to List Office
    18-Feb-15: Letter sent to applicant/solicitor to request bundles and/or documents
    17-Feb-15: Application allowed on paper by Lord/Lady Justice
    06-Feb-15: Application referred to Lord/Lady Justice
    22-Jan-15: Bundle(s) approved


    Last Updated: 13-Apr-15

    Fingers crossed!
  • jimbo5661
    jimbo5661 Posts: 67 Forumite
    I hope I'm wrong, but I don't hold out too much hope for a positive outcome... NRAM seem very good at wriggling out of their responsibilities.

    Or... It was just a stall until after the election and then they'll present a weak argument and be made to pay up!
  • lizards
    lizards Posts: 244 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I feel the same way Jimbo. I was amazed they lost the first time around. It would be great to be wrong about this!
  • keg1keg
    keg1keg Posts: 117 Forumite
    I don't see why under 25k would be entitled to redress but over 25 wouldn't !! Is there some differences ?
    Positive thinking guys c'mon !
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