West Bromwich Building Society Tracker Margins Legal Action
Are you affected by the West Brom Tracker Rate Hike?
If your mortgage account number begins with the number 8 you are highly likely to be one of the unlucky 41% of the mortgage customers of the West Bromwich building Society with a West Bromwich Mortgage Company account affected by the 1.9% increase in your tracker margin rate. However, if you arranged your mortgage directly with West Bromwich Building Society (i.e. not via a broker) or before 2006 the chances are that your account number will begin with the number 9 and you are not affected – YET!!! West Brom will give no assurances that mortgages with account numbers beginning with the number 9 will not be affected at some point in the future.
OUR INTENDED CLASS ACTION LITIGATION OVERVIEW
The reasons we started this campaign are very simple:-
1) We believe the actions of West Brom are immoral
2) We believe the actions of West Brom are unlawful, i.e. they have no legal grounds to increase their tracker rate margins
3) We have no wish to subsidise other areas of the West Bromwich Building Society business model
4) We are fearful of other lenders following suit if West Brom are allowed to get away with this
Mark Smith (Barrister-At-Law) said …
“Representative actions, where one person starts a case representing many others, who all want the answer to a legal question from a court such as ‘is this contract enforceable against me?’ but are not seeking damages. All those who sign up to the action will get the benefit of the win, but they do not have to start their own cases, as they are ‘represented’ by the lead claimant.
The only people who will definitely benefit from success in the case are those who have signed up. There will be no free rides. Any others will have to fight their own corners individually, either alone or with legal help (which will inevitably cost significantly more than the group case).”
We will NOT settle on any basis.
We have a moral duty to do what is right for those who support the values upon which this campaign was started. Our promise to all who support these values is that we will not sell out on you at any price. We will continue to fight this injustice and we will fight any other lender who tries to follow suit.
Are you with us?
This discussion thread is now closed – we’re off to Court!
To link to the new discussion please CLICK HERE
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Member Since October 2013 - Comments: 386
8:09 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “The Man From Nowhere” at “05/12/2013 – 01:53“:
Sarcasm no!
If I had known this was the reason I would not have joined the class action. In fact I would have voluntarily paid a 3% premium.
Now I see why they are doing it if mr jones is reading this I would plead with him not to use it in court. We don’t stand a chance if he does. At least give us a level playing field. Why, I can see them doing another remake of a film based around mr jones and his merry band . Hiding out in their new offices.
Member Since December 2013 - Comments: 2
8:17 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “Richard Watters” at “04/12/2013 – 16:40“:
Hi Richard, Thank you.
I don’t think it is me – there are a few of us around! Which one do you know?
Member Since January 2011 - Comments: 12193 - Articles: 1393
8:18 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “Denise D” at “05/12/2013 – 07:46“:
Thanks for calling Denise, changes now made 🙂
.
Member Since January 2011 - Comments: 12193 - Articles: 1393
8:35 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “Dean ” at “05/12/2013 – 08:09“:
Hi Dean
Please be careful, I appreciate your sarcasm but some people reading this thread will think you are being serious.
.
Member Since August 2013 - Comments: 428
8:55 AM, 5th December 2013, About 12 years ago
I was able to speak about the class action yesterday at a meeting in Bristol of the West Country Landlords Association and stressed the need for any one affected to get involved now.
Member Since October 2013 - Comments: 49
8:55 AM, 5th December 2013, About 12 years ago
Received our SARS info, not complete items previously sent to us when addressing our complaint were missing. (Clearly not returned to my file), also the information on how they reached the conclusion that we have X BTL mortgages, apparently this is on a spreadsheet and not part of our file. I seem to remember that all of the information held on us was to be forwarded to us even if jotted on a post it. The adviser is going to check if this information can be divulged? Anyone else received info regarding their searches for information?
Member Since October 2013 - Comments: 386
9:34 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “Mark Alexander” at “05/12/2013 – 08:35“:
Do people really think I would switch sides when we have come from an early goal down to be winning 3-1 with 7 minutes and injury time to play?
I just thought Andrew Jones reply was not worth comment but ridicule. At first I had hoped no one would comment on it to encourage him to use it in Court , but then I decided it would just be laughed at by his own legal team it needed a low level sarcastic reply.
Does he really see himself as the 21st Century Robin Hood ?
Will he turn up in Court with a feathered hat and green tights ?
Will their legal team come as Monks ?
Comments: 359
9:44 AM, 5th December 2013, About 12 years ago
I wanted to be Maid Marion – but I’m on the wrong side!
Member Since October 2013 - Comments: 386
9:50 AM, 5th December 2013, About 12 years ago
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
He called the greatest archers to a tavern on the green
They vowed to help the people of the king
They handled all the troubles on the English country scene
And still found plenty of time to sing
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
He came to Sherwood Forest with a feather in his cap
A fighter never looking for a fight
His bow was always ready, and he kept his arrows sharp.
He used them to fight for what was right
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
With Friar Tuck and Little John they had a roguish look,
They did the deed the others wouldn’t dare.
He captured all the money that the evil sheriff took,
And rescued many a lady fair
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
To cheating and corruption, he would never, never yield
And danger was his breakfast ev’ry day
The cobler in the hamlet and the farmer in the field
Were always helping him get away
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
He rode up to the palace and was cheered by ev’ryone
His Lady Marian threw him a rose
The King of England knighted him the Earl Of Huntingdon
And that’s the way that the legend goes
Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad, loved by the good
Robin Hood, Robin Hood, Robin Hood
Member Since September 2013 - Comments: 333
9:57 AM, 5th December 2013, About 12 years ago
Reply to the comment left by “Dean ” at “05/12/2013 – 09:50“:
@ Dean…………Moderator please step in! 🙂