BankConductIndex

Firms › National Westminster Bank Plc ›

National Westminster Bank Plc

Financial Ombudsman decision DRN2178964 Not upheld

Not upheldoutcome, as published by the Ombudsman
£250redress stated in the decision
—deadline 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

In the Ombudsman’s words

Mr and Mrs D complain that National Westminster Bank Plc (“NatWest”) should compensate them for expenses they incurred in preparing for an auction of a business property after NatWest had indicated that it would support their request for funding.Irresponsible lending

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN2178964.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.