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Clydesdale Bank commercial lending

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  • Clydesdale Bank commercial lending

    I had a small property company in Scotland supported by a loan from Clydesdale Bank of £700,000. 5 years ago they decided to withdraw from the commercial property market and told me to find another lender to replace them. I couldn't so they liquidated the company and sold off over £1m worth of property for only £270,000. I lost £400,000 and my livelihood.
    My question is: would the bank have had PPI or equity insurance that I could claim against? Is there anything I can do?
    Tags: None

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