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 November 2013 - Comments: 342 - Articles: 1
3:01 PM, 22nd January 2014, About 12 years ago
i emailed my MP David Heath just now asking him to support the EDM
Member Since October 2013 - Comments: 23
3:09 PM, 22nd January 2014, About 12 years ago
Contacted Mr Stuart Andrew MP conservative, asked him to support the EDM. Thanks Mark for good work
Member Since February 2011 - Comments: 3453 - Articles: 286
3:11 PM, 22nd January 2014, About 12 years ago
I have also emailed my MP Richard Bacon and will follow up by email if no response in two days and then by phone after another 2 days and keep going until he supports our EDM as there is no reason not too.
I have never asked for anything from my MP before but now is the time. If we all do the same we should be there in next to no time.
Member Since September 2013 - Comments: 178
3:34 PM, 22nd January 2014, About 12 years ago
Fantastic work Mark…well done!!!
Email sent to Christopher Chope, MP for Christchurch.
Member Since September 2013 - Comments: 30
3:37 PM, 22nd January 2014, About 12 years ago
Well done Mark! Thank you for all your hard work!
I’ve emailed my MP, Dr Daniel Poulter asking him to support the EDM and been Tweeting.
Member Since October 2013 - Comments: 56
3:42 PM, 22nd January 2014, About 12 years ago
Emailed Justine Greening MP on Friday and again today with the EDM request.
Member Since September 2013 - Comments: 30
3:53 PM, 22nd January 2014, About 12 years ago
Reply to the comment left by “Alison Buckland” at “22/01/2014 – 15:37“:
Sadly, as he’s a government minister, he’s not allowed to participate in EDMs, he’s just told me. Bother.
Member Since October 2013 - Comments: 42
3:55 PM, 22nd January 2014, About 12 years ago
I’ve emailed my MP David Jones for Clwyd West.
Member Since November 2013 - Comments: 45
3:56 PM, 22nd January 2014, About 12 years ago
My MP is John Baron. He doesn’t appear to have an email address. Its not on any of his letters, his constituency office doesn’t appear to have one and Marks link doesn’t show one for him either.
Has anyone else already contacted John Baron ?
Member Since September 2013 - Comments: 474
4:02 PM, 22nd January 2014, About 12 years ago
Reply to the comment left by “Norfolk n’Chance” at “22/01/2014 – 15:56“:
Google him. You’ll find him Excellent MP.