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£261m
- Some 43,000 borrowers are set to get compensation after a High Court ruling over the wording of documents sent out by former bank Northern Rock. Northern Rock Asset Management (NRAM), the nationalised "bad bank" remains of Northern Rock plc, will have to pay £261m in refunded interest.
www.bbc.co.uk/news/business-30413572
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Dec 11, 2012 · More than 150,000 Northern Rock customers will get an average refund of over £1,770 following mistakes in the bank's paperwork.
Dec 11, 2012 · Northern Rock Asset Management (NRAM) - the state-owned part of the defunct lender - is to refund a total of £270m to customers. The bank will pay an average of £1,775 to each affected customer...
Dec 12, 2012 · Northern Rock Asset Management is to compensate customers who took out loans with the bank. Borrowers who qualify will receive a share of £270m, following errors made in paperwork. Staff at the part-nationalised bank failed to include key details in the loans’ annual statements, including the amount which had been borrowed.
- How to Get A Refund When Cancelling Train Tickets?
- Do You Get A Full Refund When The Train Is Cancelled?
- Is A Refund Available For Train Tickets?
- Which Type of Ticket Can You Refund?
- Can I Cancel My Ticket and Get A Refund?
Although train providers try to ensure that services aren’t cancelled, sometimes it’s unavoidable. When this happens, you are entitled to claim a full refundfrom Northern, providing your ticket was purchased from us in the first place, and your request is submitted within 28 days of the expiry date. Designed to make refunds quick and efficient, Nor...
If your train is cancelled, you can claim a full refund, provided your ticket was purchased through Northern.
A refund is available if your rail provider cancels the service and you are unable to complete your journey.
Most train tickets are refundable if the service is cancelled, including Advance, Off-peak and Anytime tickets.
If you choose to cancel your Advance ticket, you are not entitled to a refund. You can, however, swap the time of your Advanced train ticket for another same-day Northern service. You can make the changes one day in advance and right up to 10 minutes before your original train departs. It is easily done in just a few steps, plus swaps cost as littl...
May 20, 2015 · Northern Rock mortgage customers with unsecured loans of between £25,000 and £30,000 may get redress for historical paperwork blunders if the decision of an appeal heard last month goes their way.
- Paloma Kubiak
- Editor
Dec 10, 2014 · Northern Rock Asset Management (NRAM), the state-owned remnant of Northern Rock, will have to pay £258 million of taxpayer funds in refunded interest to 41,000 borrowers unless the decision is overturned.
Dec 11, 2012 · Customers will be refunded an average of £1,770 and the state must foot the bill because the mistake was made by the so-called “bad bank” still owned by the Government. The “good” part was sold...
