Send it to: Charles Bacon Solicitor Legal Compliance (Corporate Affairs) Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1FN Claim the interest if you know how to use the spreadsheet (templates lirary).... if the claim is not for to much, the interest on the interset charges will be negligable. If you mess it up it could cost you your case. But claim it by all means if you are confident.

The 8% is the amount that you are allowed to add on by law when filing a claim against the bank. Each charge is elegible for 8% APR from the day it was taken from your account by the bank. For example: A charge of £30 on 23/01/03 (4 years ago) would have £9.62 added to it (8% of £30 each year) by law as this is the rate at which you are entitled to when reclaiming your money. Think of it as the bank borrowing your money (unlawfully) and you are charging them interest for having it over that period of time. See: Bank charges: Reclaim them, they're unlawful, so you can get six years money back | MoneySavingExpert: Consumer Revenge, Credit Cards, Shopping, Bank Charges, Cheap Flights and more, Look for the Bank Charges Interest Calculator- About halfway down the page Hope this helps. Chris

Hi, I'm Chris and i'm taking on Nationwide. Having done alot of reading in various forums I thought it might be useful to have a claim that can be followed from start to finish for all those who are currently in my position. I will post my progress at every stage aswell as problems that were encountered and how they were overcome. I will try to make it as clear and consise as possible for those who wish to begin the progress of reclaiming there right. Please feel free to ask advice or any questions from me or others who post if you feel something has been missed. Here is my progress so far: 1) Sent a letter and cheque (£10 Payable to Nationwide Bulding Society- My Name) to Nationwide requesting statments for past 6 years (S.A.R - (Subject Access Request), see templates library) Address: Data Protection Team, Nationwide Building Society Kings Park road, Moulton Park Northampton NN3 6NW 2) Received a package via special delivery 8 days later containing short letter regarding manual intervention of my account (please ask) and a huge pile of statements from the day I opened the account to the most recent. 3) Went through the statements highlighting all of the charges incurred. Used a special calculator on moneysavingexpert.co.uk to add on 8% interest to each charge from the day it was taken. 4) The same day I sent a letter reqesting my money back (Preliminary letter, see templates library) along with the 8% interest that the court would award should my claim go that far. £640 (charges) + £29.88 (statutory interest) Address: Charles Bacon Solicitor Legal Compliance (Corporate Affairs) Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1FN At this stage, I went on the chatroom (hugely helpful, see link above) and did further research and found I should not have mentioned the 8% at this stage- this should only be bought about when filing a claim form as it can look like you don't understand the process (as I didn't), the 8% statatory interest will be increased by the time you reach the day you make the claim. In addition, on advice from the members in the chatroom, I decided not to persue claiming interest on my interest charges. If you get this wrong on the spreadsheet, your claim can be thrown out or set back, as the amount in question was only about £30, I decided it wasn't worth the risk. 5) Will post again shortly, Nationwide have 13 days remaining to reply to my preliminary letter.

Ive sent my preliminary letter to: Charles Bacon Solicitor Legal Compliance (Corporate Affairs) Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1FN Don't mention the 8% interest or compound interest (whichever you claim) at this stage though.... See my post: Follow my claim from start to finish Chris

Hi, I'm Chris and i'm taking on Nationwide. Having done alot of reading in various forums I thought it might be useful to have a claim that can be followed from start to finish for all those who are currently in my position. I will post my progress at every stage aswell as problems that were encountered and how they were overcome. I will try to make it as clear and consise as possible for those who wish to begin the progress of reclaiming there right. Please feel free to ask advice or any questions from me or others who post if you feel something has been missed. Here is my progress so far: 1) Sent a letter and cheque (£10 Payable to Nationwide Bulding Society- My Name) to Nationwide requesting statments for past 6 years (S.A.R - (Subject Access Request), see templates library) Address: Data Protection Team, Nationwide Building Society Kings Park road, Moulton Park Northampton NN3 6NW 2) Received a package via special delivery 8 days later containing short letter regarding manual intervention of my account (please ask) and a huge pile of statements from the day I opened the account to the most recent. 3) Went through the statements highlighting all of the charges incurred. Used a special calculator on moneysavingexpert.co.uk to add on 8% interest to each charge from the day it was taken. 4) The same day I sent a letter reqesting my money back (Preliminary letter, see templates library) along with the 8% interest that the court would award should my claim go that far. £640 (charges) + £29.88 (statutory interest) Address: Charles Bacon Solicitor Legal Compliance (Corporate Affairs) Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1FN At this stage, I went on the chatroom (hugely helpful, see link above) and did further research and found I should not have mentioned the 8% at this stage- this should only be bought about when filing a claim form as it can look like you don't understand the process (as I didn't), the 8% statatory interest will be increased by the time you reach the day you make the claim. In addition, on advice from the members in the chatroom, I decided not to persue claiming interest on my interest charges. If you get this wrong on the spreadsheet, your claim can be thrown out or set back, as the amount in question was only about £30, I decided it wasn't worth the risk. 5) Will post again shortly, Nationwide have 13 days remaining to reply to my preliminary letter.

Follow My Claim From Start To Finish