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National Westminster Bank Plc
Financial Ombudsman decision DRN-4006043 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Tue Apr 04deadline 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
Irresponsible lending, Product mis-sold
In the Ombudsman’s words
As there was no new lending decision by NatWest at the time of the acquisition I do not find that it was required to undertake and further checks at the point of purchase.Irresponsible lending
Mr and Mrs B say they were induced into the agreements by a series of misrepresentations by the supplier.Product mis-sold
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4006043.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.