Yorkshire Bank PPI Claims – A history
Yorkshire Bank is a commercial bank operating in England and Wales.
It is a division of Clydesdale Bank, which is a subsidiary of National Australia Bank.
Founded in 1859 by Colonel Edward Akroyd of Halifax the bank, headquartered in Leeds, originally operated on a non-profit making basis.
Unfortunately, this benevolent approach to banking did not last and indeed it was Yorkshire Bank‘s thirst for profits that led it to mis-sell PPI to their customers in the 1990’s and 2000’s.
History of bad behaviour
Yorkshire Bank has been the subject of investigations by the Financial Services Authority (now the Financial Conduct Authority), for a host of reasons.
As reported in The Telegraph in 2012, Yorkshire Bank was accused of “unwarranted and misguided aggression” for demanding their customer repay a £5 million loan after he complained about being mis-sold an interest rate swap.
This second article in The Telegraph states that Yorkshire Bank are the main lenders to face claims over mis-selling fixed-rate loans.
As for PPI mis-selling, National Australia Bank (owners of Yorkshire Bank) have set aside over £1.2 billion at the time of writing this, with a whopping £420 million added within the last two months.
It appears that National Australia Bank have had enough of being linked to the two toxic banks that are Clydesdale and Yorskhire, recently announcing of their intention to dispose of them both.
Making a Yorkshire Bank PPI Claim
If you have had a loan, mortgage or credit card with Yorkshire Bank within the last 25 years there’s every chance you’ll have been paying for PPI.
We’ve made claiming easy, taking the stress out of you having to deal with the paperwork, the stress, and the tactics employed by the bank to try and wriggle out of paying.
So….how do you start your claim?
#1: The first option for you is to fill in the form which can be seen on every page. By doing so, we will send you out a form in the post for you to complete. Once we’ve received the form back in the freepost envelope we send you with your form, we can make a start on your Yorkshire Bank PPI claim.
#2: The second option for you is to download our form, which again can be found on every page by clicking the ‘download pack’ button. Simply print it out, complete it and send it back to us, our address can be found here. Once we receive is back we’ll let you know and make a start.
Our team of experts are on hand to answer any questions you have via telephone, email or our live chat facility.
So….why wait, let’s get started!