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Landmark Case Topples Lloyds TSB Victory on Bank Charges
Pro-consumer judgement on unlawful bank charges won against Lloyds TSB with support from penaltycharges.co.uk
Consumers fighting to reclaim money through the courts for unfair penalty charges levied by British banks received an historic boost today, when a St Albans County Court judge ruled in favour of a claimant, awarding him over £4,000. This is the first ruling of this type to pass through the UK courts.
Thanks to legal support from consumer advice website, penaltycharges.co.uk , the case of Gregory Terry v Lloyds TSB Plc was brought to a County Court, in which Mr Terry made history by successfully winning his case against the UK bank.
The ruling kicks into touch a previous judgement made in favour of Lloyds TSB at Birmingham County Court in May 2007, in Kevin Berwick v Lloyds TSB. Mr Berwick had failed to provide sufficient evidence to support his claim and it had been feared that other cases might not be successful in court if judges considered that a precedent had been set in the banks’ favour.
Stephen Hone, founder of penaltycharges.co.uk, was in court to hear the decision. He commented: “We have finally managed to bring a case to court to try and settle this issue. Consumers are owed millions of pounds in charges that have been unlawfully levied over the last six years and it’s time that the banks faced the music and paid up.”
“As usual no representative from the bank turned up in person to hear the case. They were probably expecting their previous victory in Birmingham to go in their favour. However, this case has shown that the momentum is now firmly back with British consumers and we intend to do all we can to ensure that as many people as possible get their money back.”
Gregory Terry’s award of £4,050 comes just two days after a judge at Hull County Court adjourned seven other similar cases and ordered Yorkshire Bank to come clean over its charges and disclose its real administrative costs, which campaigners say should be no more than £2.50.
Stephen Hone adds: “We set up penaltycharges.co.uk to provide all the help, support and legal advice needed to claim back unfair bank charges. All the advice given on the site is provided for free and includes advice from other consumers who have successfully reclaimed their bank charges.”
Pro-consumer judgement on unlawful bank charges won against Lloyds TSB with support from penaltycharges.co.uk
Consumers fighting to reclaim money through the courts for unfair penalty charges levied by British banks received an historic boost today, when a St Albans County Court judge ruled in favour of a claimant, awarding him over £4,000. This is the first ruling of this type to pass through the UK courts.
Thanks to legal support from consumer advice website, penaltycharges.co.uk , the case of Gregory Terry v Lloyds TSB Plc was brought to a County Court, in which Mr Terry made history by successfully winning his case against the UK bank.
The ruling kicks into touch a previous judgement made in favour of Lloyds TSB at Birmingham County Court in May 2007, in Kevin Berwick v Lloyds TSB. Mr Berwick had failed to provide sufficient evidence to support his claim and it had been feared that other cases might not be successful in court if judges considered that a precedent had been set in the banks’ favour.
Stephen Hone, founder of penaltycharges.co.uk, was in court to hear the decision. He commented: “We have finally managed to bring a case to court to try and settle this issue. Consumers are owed millions of pounds in charges that have been unlawfully levied over the last six years and it’s time that the banks faced the music and paid up.”
“As usual no representative from the bank turned up in person to hear the case. They were probably expecting their previous victory in Birmingham to go in their favour. However, this case has shown that the momentum is now firmly back with British consumers and we intend to do all we can to ensure that as many people as possible get their money back.”
Gregory Terry’s award of £4,050 comes just two days after a judge at Hull County Court adjourned seven other similar cases and ordered Yorkshire Bank to come clean over its charges and disclose its real administrative costs, which campaigners say should be no more than £2.50.
Stephen Hone adds: “We set up penaltycharges.co.uk to provide all the help, support and legal advice needed to claim back unfair bank charges. All the advice given on the site is provided for free and includes advice from other consumers who have successfully reclaimed their bank charges.”
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