West brom mortgage rate hike !
Property Investment

1 Thanks
3 Posts
10 years ago
Dear Sirs

The following is very important and could have serious implications for all involved in the mortgage industry .

You might be aware of the current Class Legal Action at http://www.Property118.com which is mounting against the recent mortgage rate hike imposed by West Bromwich Building Society.
If your client’s Buy to Let mortgage account number begins with the number 8 they 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 their tracker margin rate.

This letter is not wholly about the need to raise further funding as Property118 has already raised over £100,000, which is enough to fight this case.

Class Action Legal papers will be served on West Bromwich in January 2014 and as a result Property 118 are calling on brokers to inform their clients with mortgage account numbers starting with the number 8.

Please will you help spread the word about the legal action to your clients who may wish to contribute the legal fund arranged by Property118 and Solicitor Justin Selig?

Some of the affected borrowers are solicitors and mortgage advisers like yourself.




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