MSE News: Buy-to-let borrowers hit by West Brom mortgage hike

BeetrootMike · 9 April 2014 at 10:43PM

pelirocco wrote: »

Surely by the same logic , you get paid in money that doesnt exist

Not if you're an alien. Stephen do you have any views on aliens?

Maybe a link to a YouTube video at the very least?

Mrs_Mac_1 · 13 April 2014 at 1:21AM

See express and star 11 april 2014: West Brom may lose millions in legal row; I;m not allowed to post a link

MikeMouse · 12 December 2014 at 2:19PM

I believe this case is before the courts in January.

Does anyone know the date?

brit1234 · 12 December 2014 at 4:07PM

Lets hope the court sees sense and comes in favour of West Brom. If Landlords can't be bothered to read the terms and conditions it is not the lenders fault. Landlords have had 5 years at rock bottom rates all at the expense of us savers.

AGBAGB · 12 December 2014 at 9:34PM

MikeMouse - 21st I beleive

brit1234 - Lets hope the court makes a judgement on the legal issues involved in the case. Not on ill-informed and in-accurate opinion masquerading as sense.

Also note that these borrowers have been paying inflated rates for 12 months and WB savers have had rate cuts over the same period.

MikeMouse · 12 December 2014 at 11:33PM

Agreed AGBAGB - and thanks for the info about the date.

I will be watching for the result and hoping for a win for those effected but best stop there before I incur the wrath of those with opposing views. The Bank of Ireland will no doubt be watching carefully too .......their rise seems even harsher to me as their criteria for defining landlords included people with just a consent to let on their only property.

I wonder will we get a judgement that day or need to wait months while the judge considers a ruling. It seems unlikely that he/she could hear the evidence and give an immediate decision but I know little about the workings of the court in these matters ......

Anyway may as well leave the debating on the rights and wrongs of it all till court time ........