Northern rock loan over £25,000

Seven_of_Nine

Hi all,

Just wanted to say whatever happens I am truly grateful to all for your insightful comments. They have kept us going!

With regards to mis-selling - I was under the impression that we have 'as a guide' 6 years from noticing. Which was when the CCA debacle started - came to public attention. However, I hope justice prevails!
Thanks again everybody x

DevCoder

The limit for complaining to the FOS for mis-selling is six years from when you were mis-sold the product, or three years from when you noticed (or ought reasonably to have become aware) something was wrong – whichever is later.

worriedindebt

Just wanted to add my thanks to everyone here, and Mr Forsdick for all your efforts on our behalf.
Whilst we may not have suffered any financial loss from the administrative error, we certainly have suffered a loss from the tripling of the interest rate.. I've lost thousands of pounds..and whilst I know this isn't what the case is about, it does reflect some of the harm done by a, in hindsight, shocking product.
I certainly accept blame on my part for signing up to the together package.. At the time it was the only way I could get on the housing ladder according to my broker (who sold a shed load ofnorthern rock products then promptly disappeared fro my high street!) but it has cost me far more than I ever imagined
Not too hopeful but eternally grateful for those that tried to help us

Bignosher13

It's funny in this situation how sensitive and suspicious you get to negativity.

I notice all of the recent doubters of the outcome are new to this forum, how very strange? My mind wanders ... are they NRAM employees with knowledge of the outcome and have posted on here to lessen the blow?

Like I said, you get sensitive and suspicious, indeed in a direct twitter messaging exchange Mr Forsdick once accused me of being Hanky Panky! (our resident troll).

How we all interpret the transcript can't really be relevant to the outcome, it's all very technically worded legal stuff. An impartial judgement will be made. I for one will just be relieved to know either way and move on from there, its taken so long to get to this point.

Rant over, no more posts from me. And a massive thanks to the regulars and especially Mr Forsdick.

NorthernRockVictim

Bignosher13 wrote: »

It's funny in this situation how sensitive and suspicious you get to negativity.

I notice all of the recent doubters of the outcome are new to this forum, how very strange? My mind wanders ... are they NRAM employees with knowledge of the outcome and have posted on here to lessen the blow?

Like I said, you get sensitive and suspicious, indeed in a direct twitter messaging exchange Mr Forsdick once accused me of being Hanky Panky! (our resident troll).

How we all interpret the transcript can't really be relevant to the outcome, it's all very technically worded legal stuff. An impartial judgement will be made. I for one will just be relieved to know either way and move on from there, its taken so long to get to this point.

Rant over, no more posts from me. And a massive thanks to the regulars and especially Mr Forsdick.

Here here! I can't believe the negativity that has suddenly arisen. We all have to sit it out for just another 2 days, then either way it will be finished forever. Only 3 people currently know what will be announced on Thursday, the senior appeal judges! Any suggestions of NRAM employees knowing in advance is utter nonsense.

javelin_sam

still really nervous....

CPR25

I'm not an NRAM employee....I'm an NRAM customer and will benefit if the appeal goes in our favour.

I'm just being realistic based on the information in the public domain, based on specialist commentary thats available on the case and based on my own personal opinion.

Maybe, I'm subconsciously preparing myself for the worst. I don't know.

Ultimately, anything can happen in a court of law and although I expect the outcome to go in NRAMs favour I wouldn't be shocked if it didn't.

I of course hope there is one result and I hope that result makes life that little bit easier for those currently struggling.

Lippyx

This might seem a bit morbid, but has anyone got a plan B if the judge rules for NRAM, and we don't get a redress?

downhiller

It would be absolutely shocking if the judge rules in NRAMs favour.

The original error with the CCA stuff was the ommission of a number from the statements.

Our problem is much worse. Not only was the opening loan amount missing, we had completely wrong contracts. That is surely a much bigger issue than the original problem.

Lippyx

I just worry that if it was that obvious and that easy for the judge, they would have concluded the case the first time round, instead of dragging it on?