Northern rock loan over £25,000

keg1keg

So, pardon my ignorance but how can over 25k and under 25 be viewed differently by the courts

NorthernRockVictim

That's precisely the point that we've all been arguing for two years, but despite a judge agreeing with us, NRAM continue to insist that because a loan of >25k could not have had CCA protection then we are unaffected and not due redress.

keg1keg

I do find it strange that MSE and the media are keeping stum about this particular subject, considering recent stories on other banks such as HSBC and RBS ....

NorthernRockVictim

keg1keg wrote: »

I do find it strange that MSE and the media are keeping stum about this particular subject, considering recent stories on other banks such as HSBC and RBS ....

That's been my view for months, how can we grab the media attention?

I really do believe that this is a post general election delaying tactic, and that Messrs Osborne and Cameron are pulling the strings!

linniep2000

Wow I have not looked on here for ages (been busy having kids!) and had no idea the court case had occurred.

Sadly it seems any decision and potential recompense will be too late for us. We have had to relocate as my husband's job has moved. We are currently living with family whilst trying to sell our house. Rang NRAM the other day to see what they could suggest and the answer was pretty much you're screwed!!

NorthernRockVictim

linniep2000 wrote: »

Wow I have not looked on here for ages (been busy having kids!) and had no idea the court case had occurred.

Sadly it seems any decision and potential recompense will be too late for us. We have had to relocate as my husband's job has moved. We are currently living with family whilst trying to sell our house. Rang NRAM the other day to see what they could suggest and the answer was pretty much you're screwfed!!

If they don't appeal or lose you will be entitled to retrospective compensation/redress, even if you've sold up and kept or paid off the loan.

Seven_of_Nine

Dear all,

Hearing status looks like it's been brought forward:

Details for 20150150
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 29-Apr-15 or 30-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

I just thought that I'd share this. Many thanks

Seven_of_Nine

Following on from my earlier post (highlighting how the Case of Appeal's brought forward the hearing date) - I then emailed UKAR to see what their current position on the matter is. I have emailed, verbatim minus my personal details, how the conversation went:-

From: XXX
Sent: 02 March 2015 13:50
To: UKAR
Subject: Hearing brought forward

Hi,

Please can you let me know if UKAR/NRAM is proceeding with the appeal? According to the Court of Appeals website the appeal will be heard on either 29th or 30th April? Thus - next month?

Very many thanks,
Mrs. XXX

NRAM REPLY:-
Dear Mrs. XXX,

Following the decision by the Appeal Court to grant leave to appeal, the NRAM Board is considering next steps and taking legal advice. An update will be provided confirming any actions once the Board has determined the appropriate course of action.

Kind regards,
Pip

Hi Pip,

Thanks for coming back to me however; the Case of Appeal states that the hearing will be heard 29th April (changed from October). Thus, time is running out for the board as the case will be heard next month.

Is the board aware of this development?
Many thanks,

NRAM REPLY:-
Dear Mrs. xxx,

Thanks for your email. Yes, the Board is aware of the time frame involved.

Kind regards,
Pip

I hope that you find this helpful/informative. We are just holding our breathes for the next move........ .

NorthernRockVictim

Seven_of_Nine wrote: »

Following on from my earlier post (highlighting how the Case of Appeal's brought forward the hearing date) - I then emailed UKAR to see what their current position on the matter is. I have emailed, verbatim minus my personal details, how the conversation went:-

From: XXX
Sent: 02 March 2015 13:50
To: UKAR
Subject: Hearing brought forward

Hi,

Please can you let me know if UKAR/NRAM is proceeding with the appeal? According to the Court of Appeals website the appeal will be heard on either 29th or 30th April? Thus - next month?

Very many thanks,
Mrs. XXX

NRAM REPLY:-
Dear Mrs. XXX,

Following the decision by the Appeal Court to grant leave to appeal, the NRAM Board is considering next steps and taking legal advice. An update will be provided confirming any actions once the Board has determined the appropriate course of action.

Kind regards,
Pip

Hi Pip,

Thanks for coming back to me however; the Case of Appeal states that the hearing will be heard 29th April (changed from October). Thus, time is running out for the board as the case will be heard next month.

Is the board aware of this development?
Many thanks,

NRAM REPLY:-
Dear Mrs. xxx,

Thanks for your email. Yes, the Board is aware of the time frame involved.

Kind regards,
Pip

I hope that you find this helpful/informative. We are just holding our breathes for the next move........ .

They never cease to amaze me, it's border line comedy! I don't believe for one minute that they don't yet know whether they will proceed with the appeal.

Seven_of_Nine

Dear all,

I have just read the following on NRAM's website:

The NRAM Board, after considering legal advice and the implications for both customers and taxpayers, has decided to pursue an appeal which will be heard by the Court of Appeal at the end of April 2015. We cannot be certain when we will know the outcome, but would expect it to be before the end of July 2015.
When then this process is complete and we have determined the appropriate course of action, if required, we will communicate with any affected customers to outline next steps and confirm any actions we are taking.
There is no need for customers to contact us, or anyone else about this issue.

So our wait continues. ......... .