What you can Expect from Us
We are serious about fighting for justice and have over 20 years experience in the legal profession.
We pre-vet your case free of charge within 2 hours whenever possible and without obligation.
If you have a good case we quickly pass it to a senior barrister who will consider it for no win no fee. A small administrative fee is only payable when we seek a barrister's opinion. If the barrister agrees, he will take on the case on a no win no fee basis.
We can also insure you against paying your opponent's legal costs. Our Panel barristers and solicitors don't just run cases - they win cases and it is they and not you who take the risk.
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.
What should I do?
Check whether you had such an arrangement with your Bank, regardless of what the arrangement was called, and speak to us, or email your details and we will call you back for your free assessment.
What is an interest swap?
The term includes a number of products which are designed to hedge against fluctuating interest rates. In effect, they offer a fixed rate. They are otherwise referred to as protection products whereby the customer would seemingly be protected against interest rate increases.
Why do I have a claim?
Interest Rate swaps were originally designed for only the more sophisticated investors and yet the Banks have sold this product far more widely. As with payment protection insurance, the banks have been driven by commission and have on many occasions failed to take into account the commercial needs of the customer and failed to advise adequately or at all. If you have, or have had an interest rate swap, it is perfectly likely that you have a claim for compensation against your bank.
Which banks are affected by this alleged mis-selling?
The Banks involved include Lloyds, Barclays and RBS. The Financial Services Authority has reported serious and widespread mis-selling and has ordered the Banks to make provision for compensation claims. As to what is appropriate in terms of compensation, we can assist you.