Prop118
19th June 2016Bank of Ireland LEGAL ACTION
We are on the verge on entering into legal action in respect of the tracker rate mortgage hike imposed by Bank of Ireland (Bristol & West).
The action we have planned is not contingent on raising a fixed amount of money. It will occur regardless of whether we hit our current fund-raising targets.
The legal strategy is a completely new one. We will not be reliant on funding from affected borrowers to take the matter to Court. All costs will be borne by Property118 Action Group and sponsors, details of which will be revealed in due course.
The new legal strategy will be disclosed exclusively and confidentially to founder members of Property118 Action Group no later than close of business on Friday 19th August 2016. Some early adopters will benefit from immediate legal action as a result of being a ”test case”.
It is extremely unlikely this action will benefit anybody other than Property118 Action Group members, unlike the case against West Bromwich Mortgage Company.
If you were affected by the Bank of Ireland tracker mortgage rate hike then it is in your interests to become a founder member of the Property118 Action Group TODAY – please see the link below.
http://www.crowdfunder.co.uk/property118-action-group
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All the best
Mark Alexander – founder of Property118 Action Group