What is an unfair banking charge?


After months and years of fighting to defend the bank charges imposed on ordinary consumers the banks have lost the first round in the battle to get a fair deal on unfair charges.


In 2007 the Office of Fair Trading (OFT) commenced proceedings in the High Court for a declaration on the application of the law in respect of unauthorised overdraft charges. In April 2008 the High Court decided that consumer regulations do apply to the banks terms and conditions demolishing a key argument the banks had used to resist claims by over-charged customers.


The Court is to consider further arguments about what is a fair level of charge to be made by the banks. However consumer champions, Simpson Millar LLP, believe that the way is now clear for people to bring claims against banks where they may have been overcharged.


Our commitment


  • Simpson Millar LLP have the experience to handle unfair bank charges compensation claims quickly and efficiently
  • It is possible for consumers to deal with the banks direct however our service is offered on the basis that we can remove the stress and hassle of pursuing a claim yourself
  • We will request the last six years statements from your bank and pay any data protection fees for you
  • Upon receipt, we will collate the amount of charges plus interest levied on your account and confirm this to you
  • We will then file your complaint with the bank and ensure your claim is considered as soon as possible
  • As solicitors we will handle your claim from start to finish and not pass it to someone else in the event that Court proceedings are necessary

Costs


  • We charge 15% plus vat of the compensation recovered from your bank in those cases where we are unable to recover our costs from the bank itself
  • We can advise whether your claim is likely to succeed and whether we are able to act for you at no cost
  • In any case, if you receive no compensation you pay nothing to us

Contact us now to discuss how we can help you by completing our, no obligation, online equiry form and we will call you back or you can call us directly on 0844 858 3200.


All copyright in this website and in any materials appearing on this website: © Simpson Millar 2008. Simpson Millar LLP solicitors is a limited liability partnership registered in England and Wales with registered number OC313936. Our registered office is: 27 St Paul's Street, Leeds LS1 2JG. Vat number: 235 9349 40.
Simpson Millar LLP has offices in Birmingham, Bristol, Cardiff, Leeds, London, Manchester and Wimbledon.