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
11:08 PM, 11th February 2014, About 12 years ago
Reply to the comment left by “Ju Stacey” at “11/02/2014 – 22:00“:
Fantastic. Thank you.
Member Since January 2011 - Comments: 12193 - Articles: 1395
7:23 AM, 12th February 2014, About 12 years ago
Reply to the comment left by “Ju Stacey” at “11/02/2014 – 22:00“:
That’s great, thank you. Please post a link to that forum thread here 🙂
.
Member Since October 2013 - Comments: 27
12:41 PM, 12th February 2014, About 12 years ago
The forum is a kindle forum with mainly poor authors on there haha.
I also emailed family last night and my father-in-law emailed his MP.
http://www.kuforum.co.uk/kindleusersforum/thread-15024.html
Member Since January 2011 - Comments: 12193 - Articles: 1395
2:44 PM, 12th February 2014, About 12 years ago
Ana at The Law Department
A few days ago some of you reported that you were trying to call Ana at The Law department and got through to a full voicemail box.
I have raised this with Ana and she has asked me to ask those of you who had this problem to please let us know what number you were using to call her.
.
Member Since October 2013 - Comments: 59
2:46 PM, 12th February 2014, About 12 years ago
Hi Folks Update
My MP (Edward Timpson) has replied to our request for EDM. Saying as a minister he can’t “However there is nothing to prevent me corresponding directly with Ministers on your behalf” and so he has written again on our behalf to treasury. “To ensure that your voice is added to those who have supported that motion”
Member Since September 2013 - Comments: 96
4:26 PM, 12th February 2014, About 12 years ago
Reply to the comment left by “Mark Alexander” at “12/02/2014 – 14:44“:
Hi Mark,
I was using the telephone number provided on their main website under the “Contact Us” heading at the top of the page: Tel: 020 7898 0585
Member Since January 2011 - Comments: 12193 - Articles: 1395
4:35 PM, 12th February 2014, About 12 years ago
Reply to the comment left by “Peter & Di Cole” at “12/02/2014 – 16:26“:
Thanks I will let her know.
.
Member Since June 2013 - Comments: 99 - Articles: 2
4:54 PM, 12th February 2014, About 12 years ago
Unfortunately, this is a problem with our phone answering service – they are looking into this now and I am sorry if anyone has not been able to contact us. Ana’s direct line is 020 3432 7187 if problems still persist.
Member Since January 2011 - Comments: 12193 - Articles: 1395
9:56 AM, 13th February 2014, About 12 years ago
ACTION PLAN
Please see my latest article here >>> https://www.property118.com/tracker-rate-campaign-needs-more-landlord-association-support/63679/
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Member Since October 2013 - Comments: 37
12:46 PM, 13th February 2014, About 12 years ago
Hi
I registered for the secure forum 2 days ago but still haven’t had final confirmation email.
Could you please confirm reciept of my registration?
Regards