Whistletree borrowers could recover up to £50,000 on ex-Northern Rock loans, say lawyers

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Whistletree borrowers could recover up to £50,000 on ex-Northern Rock loans, say lawyers
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  • 📰 The Yorkshire Post
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So called ‘mortgage prisoners’ urged to join legal action AD HarcusParker MortgagePrisoner Whistletree NorthernRock

Matthew Patching, Senior Associate at Harcus Parker, said that even people who never went into mortgage arrears or who fully paid off their mortgage may have been affected by the interest rates.

Northern Rock collapsed in 2008 affecting mortgages taken out by thousands of people. Now, a small number are planning a legal case against mortgage provider Whistletree, hoping to win back interest paid on their mortgages. Harcus Parker will act on a no-win, no-fee basis, and will pay any third-party costs necessary to progress the claims to trial.group in 2016. TSB says it will robustly defend any potential action, adding that it is committed to treating customers fairly, having created product transfer options for anyone who did not have them when they took over.

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