26 Feb 2012 15:37:Hi keith110,
I found this thread over the Christmas holiday whilst in UK with lots of time to spare. I enlisted a Spanish friend to help with submitting the pro-forma letter and that has been with Solbank for about 3 weeks now. Imagine my excitement to log in this morning and find that on the second link that Solbank have accepted the illegality of the "Clause Sualo" and paid out euro 6000 +. My friend had said that I should be prepared for them to dig their heels in and I had to have a plan to fall back on when the 30 days expires.
My question is since one swallow does not make a summer what is the next step if they do not concede that we have overpaid for 4 years since we have had a floor rate of 4.25% applied for that period and we know that eurobor has been much lower over that time?
Thanks in advance, John.
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