Santander free forever bank account changes

Renfrewman

Santander share price has doubled in the last year which is excellent news for them.

vcsa

One for you Legal bods.
As well as the FOS route which will probably not be decided until after Santander introduce the changes, has anyone looked at applying to Court for an Injunction to delay introducing any charges until at least the FOS has given a ruling.
Some sort of group action possibly?

eskbanker

vcsa said:

One for you Legal bods.
As well as the FOS route which will probably not be decided until after Santander introduce the changes, has anyone looked at applying to Court for an Injunction to delay introducing any charges until at least the FOS has given a ruling.
Some sort of group action possibly?

Not a lawyer, but aside from the purely legal aspects of any argument, there is the practicality to consider here, namely that any such action costs money, which can be significant - happy to be corrected but I don't recall any mention of any collective fundraising activity to generate funds for that sort of thing?  A quick look at the oft-cited Facebook page doesn't seem to indicate anything.

Section62

vcsa said:

One for you Legal bods.
As well as the FOS route which will probably not be decided until after Santander introduce the changes, has anyone looked at applying to Court for an Injunction to delay introducing any charges until at least the FOS has given a ruling.
Some sort of group action possibly?

I'm not a lawyer either, but if a court(/FoS) were to deem the charges unlawful(/unfair) following a full hearing(/an ombudsman decision), then either the court (or FoS) could simply require Santander to refund the amounts paid to date.

So spending money seeking an injunction is probably unwise... the final outcome of not having to pay a fee (if the case/argument) is won is still available even if Santander have already introduced charging before FoS make a decision.

On balance I also suspect a court would be reluctant to grant an injunction because 1) if FoS decide what Santander are doing is 'fair' then it would leave Santander having to catch up with unpaid charges, which some customers might struggle with/refuse to pay, and 2) an injunction might make more sense if the delay was in waiting for a full court hearing, not for a FoS complaint.

Smurrfmo

I will be taking legal action in relation to this in the very near future.  An injunction is not necessary.  I cannot say any more at this point as Santander are no doubt monitoring this thread, as well as their obvious fanboys.  I believe I will be successful but with litigation you never know.  

MeteredOut

Smurrfmo said:

I will be taking legal action in relation to this in the very near future.  An injunction is not necessary.  I cannot say any more at this point as Santander are no doubt monitoring this thread, as well as their obvious fanboys.  I believe I will be successful but with litigation you never know.  

I have't noticed any obvious fanboys here. Can you point them out please so we can be wary of them?

Good luck with your legal action; it will be interesting to hear your basis for this once you are able to share. Do you have a rough timescale for the "very near future". eg, days, weeks?

The_Maluka

MeteredOut said:

Smurrfmo said:

I will be taking legal action in relation to this in the very near future.  An injunction is not necessary.  I cannot say any more at this point as Santander are no doubt monitoring this thread, as well as their obvious fanboys.  I believe I will be successful but with litigation you never know.  

I have't noticed any obvious fanboys here. Can you point them out please so we can be wary of them?

Good luck with your legal action; it will be interesting to hear your basis for this once you are able to share. Do you have a rough timescale for the "very near future". eg, days, weeks?

We all know that "forever" ends on the first of October 2025, so better be quick before you literally run out of time.

Theleak250

A Santander fanboy? I have seen it all now!

Lightning360

These fanboys are literally just users who are less confident that people trying to fight this are going to get anywhere at all. They are being realistic really, nothing to do with being a fanboy.

subjecttocontract

As reported earlier the share price has doubled this year and as this is a finance forum id be very surprised if there weren't some happy Santander shareholders around who hope the outcome is in Santanders favour. So, yes there must be some Santander supporters around, perhaps quite a few, who knows ?