Clydesdale Bank Plc
Financial Ombudsman decision DRN-2882611 Not upheld
Not upheldoutcome, as published by the Ombudsman
£600redress stated in the decision
Sat Sep 01deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
Mortgage administration, Service failure
In the Ombudsman’s words
The complaint ... about the length of time taken by Clydesdale Bank Plc to process an application for a product switch and a further advance.Mortgage administration
It is proportionate to the bank’s service failures and compensates the reasonably foreseeable losses arising from those failures.Service failure
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-2882611.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.