About Interest Rate Swaps

Interest rate swap arrangements were often mis-sold by banks to what are referred to as “SMEs” namely small and medium sized enterprises.

In effect, you may have agreed to pay a fee to lock you into lower fixed interest rate, when in fact during the period in questions, interest rates have in any event been consistently low, and remain so. You may find that any attempt to exit your current contractual arrangement with the Bank is met with a claim for substantial exit fees. You therefore find yourself locked in – so to speak. This is an arrangement which is actually detrimental, and frequently financially catastrophic for your business.

You may well have a claim for mis-selling of this product. If you think this might be so, call us now for a without obligation chat as you may be entitled to benefit from our NO LEGAL COSTS SOLUTION

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