Clydesdale Bank Plc
Financial Ombudsman decision DRN6567594 Upheld
Upheldoutcome, as published by the Ombudsman
£150,000redress stated in the decision
Mon Apr 11deadline 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
Interest and rates, Product mis-sold
In the Ombudsman’s words
The partners agreed to fix the interest rate for the full 20-year term.Interest and rates
Mr and Mrs M are business partners. They complain that Clydesdale Bank Plc mis-sold them a fixed rate loanProduct mis-sold
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN6567594.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.