The defendants, identified at this early stage, are Northern Rock and Bradford and Bingley in their current forms, namely NRAM Limited and Mortgage Agency Services Numbers 1 – 7 Limited. If so, this could constitute a mis-sold policy. If you took out a loan, credit card or mortgage with Northern Rock, it is likely you were mis-sold PPI if you experienced any of the following: you were pressured into buying PPI or told you must have PPI; you were promised a cheaper rate if you bought PPI; you were already covered by … The case centred on Northern Rock’s ‘Together Mortgage’, which was offered between 1999 and April 2008. Since 31st October 2004 the FSA have been responsible for making sure that the mortgage advice given to a client was suitable and the client was treated fairly. If you have ever had a loan mortgage or credit card with Northern Rock, then there is a significant chance that you have been mis-sold PPI on your borrowing.. Northern Rock aggressively sold PPI on all of their borrowing products, especially after they decided to de-mutualise as a building society in the 1990s. The ruling affects people who took out Northern Rock's “Together” mortgage product. Mis sold mortgages are a growing concern of the Financial Services Authority(FSA), the regulator of mortgage advice. These mortgages were taken over by a private equity fund called Cerberus 2 years ago. Mis-sold Mortgage Northern Rock Together Mortgage 23 April 2011 at 3:12PM edited 30 November -1 at 12:00AM in Other Reclaiming: Mortgage Fees, Council Tax etc 55 replies 24.9K views Interest Only Mortgages. The old Northern Rock is now called Landmark Mortgages Limited and is owned by an American private equity firm called Cerberus Capital Management. How was PPI mis-sold? By … Tiny Northern Rock mortgage errors cost UK taxpayers millions. Read our guide to mis-sold endowments if you think this could apply to you. Mortgages issued by Mortgage Agency Services 1-7 are now held by Co-op. Despite this, some ten years later, thousands of former Northern Rock customers are still stuck with high interest mortgages. Government-owned Northern Rock sues UBS over toxic mortgage products. A chunk of Northern Rock's former mortgages are now owned by a company called NRAM Limited and are also managed by UKAR. Share on Twitter (opens new window) ... Northern Rock … People who were given incorrect or misleading advice have a number of options open to them, and if you have been mis-sold a mortgage or a related product then we might be able to help you. Swiss bank says it believes allegations are 'without merit' in New York case. Over 260,000 customers in line for average £15 compensation. 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