Me vs Northern Rock http://www.consumeractiongroup.co.uk/forum/showthread.php?310619-Northern-Rock-Single-Premium-PPI Recieved a letter from them dated 02/09 stating they will refund £4316.90 and £1370.21 in 8% simple interest. I asked them for a refund of £4182 so mustn't have done my sums properly. I must point out that NR did exceed the 8 week deadline by about 2 days but they investigated thoroughly and even looked at another loan I had prior to this one. Just waiting for the money to appear in my account now. Its been 3 weeks since I returned the agreement and getting a little impatient.

Gotcha, Thanks again. There was 1 late fee added for 30 quid in 2008. They changed the monthly payment to add the 30 quid on so I was effectively paying it back over the remainder of the loan period. Will check with them again though before I pay up.

Thanks dx but I dont understand what you mean. Can you explain further? You have me a little confused.

Just a quick update. Success. NR responded eventually and just outside of the 8 weeks. They have agreed to refund £4316.90 in PPI payments made and also £1370.21 in respect of 8% simple interest. Total refund of £5687.11. I returned the response 3 weeks ago today and am still waiting for the cash to arrive. The letter states normally within 28 days so hopefully will have it by next week. As soon as it does arrive I will be straight on the phone to clear the outstanding balance and be rid of it.

Thanks guys, much appreciated.

Hi all, Have decided to take this up now and I'm confusing myself trying to work out what and how much claim. I have a loan with Northern Rock which was taken out in March 2004 for £8000 @ 9.9%apr over 120 monthly payments. PPI was applied at a cost of £3696. The total loan amount on my statement shows £18,174. If I've worked this out correctly this is 8000+3696=11696. £11,696 @9.9% apr over 120months comes to 18,144 - I think I may have had one late payment charge of £30. Am I right in saying this would be a single premium ppi? the loan will complete in March/April 2014 so is still ongoing and as of now I still owe 5327.85. I'm at a total loss as to what I need to ask them for. Do I ask for a refund of the amount paid plus the interest I have accrued on the ppi part or do I ask for a cancelation of the PPI? I'm more than happy for them to wipe any refunded amount off the balance to reduce the loan. I told the lady on the phone that I didn't want PPI and was bullied into taking it with tactics such as "you cant have the loan without the PPI as its over a long term" and the best one of all "dont worry, its a great product and covers any and all other future credit agreements you take out with any other lenders for the life of the loan". I was desperate and gullible and signed up. I now want my money back. Thanks in advance.

A pretty teriffying experience tbh. I should have gone to court earlier to sit in on a small claims case beforehand - I think it would have prepared me better.

Thanks for the kind words. I must say I really dont want to have to go through this again. I am quite a nervous person in situation like this although now I do have a little bit of a better idea of what to expect if I have to go back next year.

Bad news. Judge stayed the case. As soon as I introduced myself to the usher, he then introduced me to Cahoot/Abbey's Barrister. I almost collapsed at that point. Young lad (said barrister) who looked no older than 21 took me into a room and explained that they would be applying for a stay and asked if I would object the application. I said no as I had already heard a barrister for HSBC talking to the guy next to me and he explained that Newcastle County Court are now staying all cases in light of the test case. We went into the court and the judge explained straightaway that he is staying the case until the test case is heard. He also explained that I should follow the case very closely as if the banks should lose then I need to contact the court again within 28 days of the ruling to have a judge direct an order for me to be refunded. I was quite suprised as there were a lot of barristers and the guy from cahoot explained that all of the banks were being represented today.

Bad news. Judge stayed the case. As soon as I introduced myself to the usher, he then introduced me to Cahoot/Abbey's Barrister. I almost collapsed at that point. Young lad (said barrister) who looked no older than 21 took me into a room and explained that they would be applying for a stay and asked if I would object the application. I said no as I had already heard a barrister for HSBC talking to the guy next to me and he explained that Newcastle County Court are now staying all cases in light of the test case. We went into the court and the judge explained straightaway that he is staying the case until the test case is heard. He also explained that I should follow the case very closely as if the banks should lose then I need to contact the court again within 28 days of the ruling to have a judge direct an order for me to be refunded. I was quite suprised as there were a lot of barristers and the guy from cahoot explained that all of the banks were being represented today.

Well, I'm in court today - 2pm and bricking it. I got a letter on wednesday from the court saying that it is up to the trial judge wether or not to hear any evidence from the defence following my request for the defence to be struck out. Please all can you wish me luck. I'll post back this afternoon.

Well, I'm in court today - 2pm and bricking it. I got a letter on wednesday from the court saying that it is up to the trial judge wether or not to hear any evidence from the defence following my request for the defence to be struck out. Please all can you wish me luck. I'll post back this afternoon.

thanks man, I'm in court this friday and have heard nothing from Cahoot at all. Getting really nervous.

You will have to pay the court allocation fee - the one you paid for MCOL is for a different court to your county court so you have to pay both.

That looks fine. It was the one I sent my SAR to and they came back with the list of transactions and uncashed cheque just within the 40 days

And the request for strikeout order is now in as I have still not recieved any correspondance from cahoot or abbey - handy working next door to the court . I noticed that the nice lady that took my letter gave it a good read this time whereas the previous letter I put in to notifiy them of the goodwill payment she litterally just scanned it. Hmmm.

From what I've read elsewhere, we should all continue as normal unless specifically told otherwise by the judges handling our individuall cases - keep going and good luck!! I've been on with mine since last november and was nearly in tears yesterday when I started reading about the test case but I have seen elsewhere on here that its down to the judges whether or not to stay any cases. Plus, the banks have to apply for a stay in the first place. Thanks for all the posts above folks - very much appreciated.

What do I do now - they were supposed to send me their bundle today as I have done with them. What do I do next? Do I ask for their defence to be struck out on that basis? If so, is there a template anywhere I can use - I've tried searching but cant find a one for that purpose. Heeeeeeeeeelllllpppp!

Dont worry about the comment 121. Actually made me laugh out loud. The lads at work have been taking the mick for a couple of weeks as I was adamant I wasn't going to spend it. The lower settlement is exactly what I'm after really. All I want is for them to pay off my overdraft (£1500) and close my account. My claim is obviously higher than the overdraft so this looks good. Who can I speak to in Abbey to arange this. The guy I spoke to this morning was so unhelpful it was unreal. My claim is also with cahoot.

Good Luck!!! What are the Unpaid STO charges. I was thinking they looked like Standing Orders but surely they shouldn't be charging for those as if the money isn't in your account to pay the standing order, then nothing happens. I could be wrong about that though.

Court bundle is in. Tried to contact shabbey this morning to ask if they'd like to settle before I handed the bundle in. The guy at the other end of the phone was very unhelpful and just said its a cahoot account and you have to speak to them. I tried to argue that abbey was handling the complaint and the litigation and that it will be them who decide to settle. He then told me to write a letter but wouldn't really help with any questions. Can I ring the legal department to try and pester them into a settlement?

No its gone - family emergency just recently put an end to that - I now feel I am in an awkward position. The Letter they sent me didn't state any terms - it was just a goodwill payment according to them. I have written back to them to say that I will accept as part settlement but will be continuing my action in the courts. And hopefully will have the court bundle in tomorrow. That is proving to be a real nightmare to put together. Am I right in saying that anything with "without prejudice" on it must not be included in or referred to in the court bundle?

A letter was waiting when I got home this evening saying that "contrary to their previous letter" they are happy to confirm that they have investigated my case after all and have paid 525 pounds into my account. How jolly nice of them - especially when they already offered me 1200quid to settle a few months ago. I've had to move the "Goodwill Payment" into the savings account to stop me spending it by mistake. And of course I will instruct them specifically to withdraw it from that account. Might as well make some interest out of them in the mean time.

Different Judge - at Newcastle County Court - going after cahoot/abbey.

Thanks for that crystalcag. I was planning on sending one of those templates but I'm not really sure which one would apply to this situation. As I mentioned in my previous post, they haven't contacted me at all about this. I'm going to transfer the money into a (cahoot) savings account and write back telling them that I will accept it as a partial settlement but that I will be continuing the claim through the court but giving them the option to remove the funds from that savings account within 7 days of my letter. I will also write to the court to explain they have part settled (proving they dont withdraw the funds of course). Do you think this is a good idea? I'm even tempted to write back to cahoot asking them to settle for 1500 quid (the balance of my overdraft) and to close the account which is all I ever wanted in the first place.