Natwest have now paid up in full, so I'm all done here! Thanks to CAG - survey and donation complete

I've had a letter from the court today saying:

Upon considering the court papers

IT IS ORDERED THAT

1. List for preliminary hearing time estimate five minutes for consideration of appropriate directions

2. See attached hearing notice

It doesn't mention anything about allocation, so would it be an allocation hearing or a prelim hearing?

It seems very brief compared to what some people have had from court!

Why yes you're right, I just looked and it is the 2nd. Is that significant?

From reading other posts it looks like I have to send the cheque back if I reject their offer, rather than cashing it and saying I'm accepting it as a partial payment. Is that right?

Right, so this morning I had a letter from Cobblers with a cheque attached for the full amount plus fees but excluding the 8% s69 interest. I'm wondering, should I have included the 8% page of the spreadsheet when I sent them my list of charges? I just sent the page with the list of charges plus the interest I'd paid.

I want to hold out for the full amount if possible but I'm unsure if I've put a spanner in the works by not sending that page?

I've had my AQ and the CPR part 18 from Cobblers. I'm attaching the schedule of charges and was just wondering if it's ok to update the spreadsheet at this stage? There have no more penalties but a couple more months' interest which adds about £20 to the claim.

Well, I sent off the LBA last week and was very surprised to receive a letter today offering a goodwill payment equal to my entire claim!

The only thing I could gain by taking it to court would be about £100 in interest so I think I'll accept the offer. Or should I write back and say I want interest as well?

Finally got a chance to do the spreadsheet and it came to even more than I had thought. Letter 2 in the post in the morning!

I filed my claim using MCOL today. I abandoned the contractual interest claim since it wasn't much difference in the amount and I don't want to have to argue about it at a case conference. Plus without it I can use MCOL.

Hooray, finally had my statements through from the Halifax! Don't know how they could be so slow; my Natwest ones arrived a month ago.

Time to get working on that spreadsheet

Oh, and good luck with your claim of course!

Did you manage to fit all your claim details in MCOL? I thought people were having to use the paper form as there wasn't enough room in MCOL for the contractual interest part of the claim.

Hi snail

I got the interest rate from Natwest's web site since my statements never seem to have it on any more. I'm glad I didn't go for the unauthorised overdraft rate in the end, since they seem to be challenging contractual interest payments in court and I think I would have a much harder time justifying that rate.

AJ Rimmer BSc

So here's what I'm about to send them:

 

[deleted]

Does that look OK?

AJR

 

MOD NOTE: Please do not post letter templates on the forum

Sorry I didn't know about that rule. It wasn't a standard template as it included a contractual interest claim.

Just an enquiry regarding interest. Anyone had success on the contractual interest rate claim? I need to research this.

There have been some, see GaryH's post. The reason I decided to go for it is that the banks are all settling before it gets to court, so I don't see how they can argue against it. If they don't want it to go to court, they have to pay up!

2nd Bog Off letter received this morning from Mr Higley. Off to court we go then!

Just out of interest, how come my signature isn't showing up any more? Too long?

Just received the standard Bog Off letter from Stuart Higley. Time to start writing the LBA!

Hmm well I decided to chicken out of claiming the unauthorised overdraft rate after reading some of Zootscoot's posts. I'm going for the credit zone overdraft rate of 17.14% instead...

OK I've spent the whole day reading the site and I think I've answered my own questions! I've nicked the contractual interest section from Mcuth's prelim letter and decided to go the whole hog and request the unauthorised borrowing rate as well. I modified Vampiress's complex excel spreadsheet to calculate compounded contractual interest on both the fees and the interest I've paid on them.

So here's what I'm about to send them:

Does that look OK?

AJR

MOD NOTE: Please do not post letter templates on the forum

Well I went through them all yesterday and Natwest owe me £903 plus £74.70 for the interest they charged me. I'll be sending letter 2 off today but just wanted to confirm a couple of things:

1. I assume all correspondance ahould now go to the head office address?

2. I was reading through the long thread on contractual interest and I think I will try to claim for that at their overdraft rate of 14.99%. If I read correctly I do not add this to my claim at this stage, only the interest which they actually charged me. Is that right?

AJR

My statements arrived today in the often mentioned tatty brown envelope. It had large rips in three different places and was only just holding together. Absolutely disgraceful that they send them out like that.

It's going to take me quite a while to go through them all. I notice they've only sent the last six years' worth even though the request was for my entire banking history. Does the DPA have a six year limit as well?

I've still heard nothing from the Halifax. At least Natwest have been fairly quick.

I had my first reply today, the standard letter from Joyce Tudor saying that the statements will be sent to me as soon as possible. It also has the bit about manual intervention, i.e. they are part of the standard T&Cs etc.

Just wondering, if the Halifax do close my account because of this, what happens to all the direct debits etc? Would I have to set them all up again manually for my parachute account?

Thanks dantracey, good luck to you too!

Thanks!

I've been annoyed at Natwest for years for the amount they've charged me for everything. I changed to Halifax a couple of years ago only to find they're just as bad, so I'm going for them too!

I now have a great feeling of empowerment after reading this site, especially the Toilet_Bandit saga which really inspired me.