Financial Loss Recovery

1. Mis-Sold Investments:

THE PROBLEM:

Billions of pounds have been spent on investments by people hoping to make the most of their money. But as many investors have discovered to their cost, investments can be a disaster. Thousands of people have invested without being told the full story about what’s involved. If you’re one of them, you may be a victim of mis-selling and may be entitled to compensation.

If you are one of the unlucky ones whose investments are not performing as well as you expected don’t despair. You’ve come to exactly the right place.

THE SERVICE:

We’re one of the UK’s leading management and consultation companies on compensation claims and we can bring a real knowledge to your mis-sold investment claim. If you’ve been mis-sold investments, we’ll find out about it and make sure you receive the compensation you’re entitled to. We’ll do it all for you on a no win, no fee basis*.

If you’d like to discuss a mis-sold investment, please email: info@rochester-associates.com with your telephone number and we will call you back.

2. The Spanish Mortgage Floor Clause – Clausula Suelo:

Do you have a Mortgage on your Spanish property? You could be entitled to a refund of thousands of Euros.

Following a judgment of the European Court of Justice on 22nd December 2016 you may be able to claim compensation from your bank if you have a mortgage containing an unlawful “Floor Clause”.

What is a Floor Clause? “Clausula Suelo”

Many Spanish tracker mortgages were linked to a variable interest rate such as the European Borrowing Rate (Euribor).

A lot of these mortgages had a Floor Clause which meant that even if (as it did) the official interest rate the mortgage was tracking, dropped to a very low level, the customer’s mortgage was stuck at a minimum rate, the ‘floor rate’ that was higher. This meant people were, and in some instances still are, paying much more than they should have been.

The Law:

In May 2013, Spain’s Supreme Court ruled that mortgages of this type provided by BBVA, Cajamar and NCG were “abusive” but banks were not initially ordered to refund customers.

In April 2016 a Madrid judge went further and decreed that 40 of Spain’s biggest lenders had to pay back borrowers the extra interest paid on mortgages dating back to 2013.

The more recent ruling in December 2016 by the European Court of Justice ordered that there should not be a time limit on how far back you can claim and banks should pay back all of the interest you overpaid.

If you’d like to discuss this matter with us, please email: info@rochester-associates.com with your telephone number and we will call you back.

3. Timeshare Compensation Claims:

There is an increasing number of successful cases in which people who claim compensation against timeshare resorts have won. However, there are particular criteria that your case must meet in order to be eligible. The good news is that recent cases in the Spanish Supreme Court have set a precedent, which – in legal terms – means that similar cases that come thereafter should also be treated according to the judgment laid out in the precedent case.

The series of precedents that have emerged over the few years have been instrumental in facilitating timeshare holders to claim compensation against timeshare resorts. The principal reason that we share this news is so you can see what’s being awarded to whom and why. This, we believe, gives you a greater understanding of what you can expect from a timeshare legal case.

HOW TO CLAIM:

If you’d like to discuss this matter with us, please email: info@rochester-associates.com with your telephone number and we will call you back.

4. PACKAGED BANK ACCOUNTS (MONTHLY FEE BANK ACCOUNTS):

Certain bank accounts were designed to offer extra benefits in return for a monthly fee. The fees varied depending on the package. These bank accounts became known as packaged accounts and came with associated benefits including travel insurance, car breakdown cover, and mobile phone insurance.

Unfortunately it appears that many of these accounts have been mis-sold. Why not get in touch today and we’ll help you find out if yours might be one of them?

THE PROBLEM:

Whilst insurance products in general are good, fee bearing packaged bank accounts often provide insurance products that are not appropriate for many customers. Associated benefits including travel insurance, car breakdown cover and mobile phone insurance were often useless and therefore, mis-sold to many customers.

THE SERVICE:

Rochester has the expertise to pin-point the exact reasons why your packaged bank account may have been mis-sold. Our experience in the industry means we can take care of the whole process for you.

HOW TO CLAIM:

If you’d like to discuss this matter with us, please email: info@rochester-associates.com with your telephone number and we will call you back.