Oli V Natwest

[BobbaFett]

After reading many threads on this, I have decided to start my own. Hopefully you will all be as usefull as your previous replys have proved you to be!!

 

So the start of this journey....

 

SAR went well, they sent me all statments within a week. Very happy with that.

 

Have done the first claim letter, whatever it is called, and that was sent on 21/05/2007.

Waiting for them to respond. I have sort of gone into this blind, so any help you guys can offer would be great, but i know they have 14 days to responds, 15 inc the bank holiday...... , and i have got the second LBA ready to go, just in case.

Oh, and so you know, just incase anyone else has this amount of charges, its £2498.99. Scary looking back at how much they punish you!!!

 

Thanks all,

 

Olli

[scott150663]

hi ollie

 

welcome

 

if u need any help, post on here and somone wil always help

 

£2.5 k is not a huge claim so dont worry u willbe fine

 

Scott

[BobbaFett]

I know its not a huge amount, just always worried that its yet another dead end in this world of rip-offs and punishment!!!

 

Although at least through this, there is a light at the tunnels end!

[orfoster]

Have you had a look on the threads about contractual interest claims and how you can get more out of them? The process can be abit long winded but as long as you keep your thread updated with a few bits of info then we can see where you are if you need help and if you do anything wrong it may get picked up on.

 

Good Luck.

[scott150663]

I know its not a huge amount, just always worried that its yet another dead end in this world of rip-offs and punishment!!!

 

Although at least through this, there is a light at the tunnels end!

 

 

u will get your money back you will have to be patient & make sure u read read read, we will help u all the way

 

scott

[hedgey06]

u will get your money back you will have to be patient & make sure u read read read, we will help u all the way

 

scott

 

Wise words as always from our £35K winner!!

[BobbaFett]

Thats why i signed up to this forum, the support seems to be excellant!

 

I was under the impression that you could only claim interest on the charges if it went to court?? is this right??:?

[BobbaFett]

Wise words as always from our £35K winner!!

 

 

REALLY??????? WOW. thats ma-hossive!!! is that one of the biggest? or is there a bigger one out there??

[orfoster]

No this isn't the case for contractual interest thats just standard interest, I did it and won against natwest, have a look here http://www.consumeractiongroup.co.uk/forum/general/7252-new-way-looking-interest.html?highlight=whys+is+no+one+contractual#post51269 and then again here http://www.consumeractiongroup.co.uk/forum/general/18313-why-no-one-claiming.html?highlight=whys+is+no+one+contractual#post142054 then this is my personal claim about contractual interest have a read and i'll help you if i can http://www.consumeractiongroup.co.uk/forum/natwest-bank/32743-2nd-claim-natwest-contract.html#post255470

[hedgey06]

Biggest winner that I'm aware of! And a nice guy as well!

 

With the interest - there are two types you can claim initially:

 

1) Overdraft interest - you can't claim the normal overdraft interest that's applied for having your overdraft as this is a fee for a service they're providing. But you can reclaim any portion of the overdraft interest that's been applied for going over your overdraft (because of penalty charges). Complicated to work out though - you need to download the right spreadsheet.

 

2) Or............ you can claim contractual interest from the start. Again, this is complicated but quite a few peeps have had success with this now. Have a look here for a bit more info key arguments for and against compound contractural threads

You can't claim the s69 8% interest until you file at court, and you can't claim this if you claim contractual from the start (I think?? ).

 

Best of luck, hedgey xxx

[BobbaFett]

never had an overdraft, so it is all based on un-authorised. For some reason they would never give me an overdraft.... hence all the damn charges!

[orfoster]

You can't claim the s69 8% interest until you file at court, and you can't claim this if you claim contractual from the start (I think?? ).

 

You can still claim contractual and 8% at court as the judge may choose either or but Natwest actually paid me my claim plus contractual then added the courts 8% on top as how i worded my POC's at the court. cant really remember how exactly tho

[hedgey06]

never had an overdraft, so it is all based on un-authorised. For some reason they would never give me an overdraft.... hence all the damn charges!

 

In which case.............. simple!!! Stick any interest they may've charged you for going overdrawn onto your schedule of charges!

[BobbaFett]

Hmm, may of come up with a problem, cant find the details of the recorded delivery for the first reqeust, will this cause a problem, or should I resend the first letter???

[steven4064]

Hmm, may of come up with a problem, cant find the details of the recorded delivery for the first reqeust, will this cause a problem, or should I resend the first letter???

 

It won't cause a problem so long as NatWest don't deny they receievd the letter. But, of course, Nat West don't know that you can't find the details.I have sents loads of recorded delivery items during "the war" and teh POst Office have failed to record delivering about 30% of them.

 

You can claim compensation on the assumption that they have lost them. IN fact they have almost certainly delivered them - just not got a signature or just not put it on the system. If you ring the post Office customer srvices (I think the number is on the website) they can sometimes find them - I did that a couple of times.

 

If you get a reply, you will know they have recieved it.

 

Steven

 

If this post is helpful, please click the scales

Any opinions are without prejudice & without liability.

Almost everything I know concerning the law I learned from this site.

[BobbaFett]

herein lies the problem, the post office cannot find any information......

 

I dont weather to just wait another 14 days, and resend it, because I am sure NastyWest will do all they can to stall, and denial with no proof to the contrary will work for them I think.....

[steven4064]

Might be wise then. Complain to the PO though - you paid £1+ for them to prove they delievered it

Steven

 

If this post is helpful, please click the scales

Any opinions are without prejudice & without liability.

Almost everything I know concerning the law I learned from this site.

[BobbaFett]

Bump the last load of replys. Natwest have today sent me the " We are dealing with your claim, please wait 6-7 weeks."

 

They can not deny it now. So they will be getting LBA on monday. w00t

[steven4064]

Go for it!

 

Steven

 

If this post is helpful, please click the scales

Any opinions are without prejudice & without liability.

Almost everything I know concerning the law I learned from this site

[BobbaFett]

I am right in sending a LBA out, even though they have said it could take 6-7 weeks?? I am setting the timetable right??

 

At least this is what i have picked up from this site?

[fendyweather]

Yes thats right. You are setting the timetable, Not them. Go for it. Good luck. Fendy xxx

[scott150663]

I am right in sending a LBA out,yes even though they have said it could take 6-7 weeks?? yesI am setting the timetable right?? correct

 

At least this is what i have picked up from this site?

 

yep youre learning..........

 

Scott

[BobbaFett]

Just to keep you all updated

LBA sent today 11/06/2007

 

Should an interesting responce.

 

Is there anything else I should be doing at this stage? Or do I just wait??

 

Thanks y'all

[hedgey06]

Is there anything else I should be doing at this stage? Or do I just wait??

 

Time for waiting again I'm afraid! It's worth reading up on the next stage as well now - just in case. Next stage is either MCOL or N1 at your local county court. Have a look here - Moneyclaim and hardcopy claim compared, Getting MCOL Right, 4. Particulars of claim - N1 - hard copy version should send you off to sleep at night if the cocoa fails!!!

[BobbaFett]

Hey all, just checking in, nothing from Natwest yet. There 14 days are up on Friday, so roll on the MCOL....