Interest Rate SWAP Claims: Free Legal Helpline Launched

A review by the FSA has highlighted a number of banks, including Barclays, Lloyds, HSBC and RBS, who may have mis-sold interest rate hedging products, principally to small and medium sized businesses (SMEs).

Interest rate hedging products were developed to protect borrowers against the risk of interest fluctuations. These products take several different forms, such as:-
Interest rate swaps – that “fix” the interest rate
Interest rate caps – that cap rises in interest rates
Interest rate collars – that limit interest rate rises within a simple range
Interest rate structured collars – that limit interest rate rises within a more complex range
The banks are bracing themselves for an avalanche of claims. Barclays for instance has reputedly put aside £450 million to cover their exposure.
Emma Slade, a professional negligence solicitor, specialises in these mis-selling claims. Lee Dawkins at our Taunton office is also part of the interest rate swap claim team.
If you have been sold one of these products and would like to know where you stand then call our new helpline FREE on 0808 139 1593.
Alternatively, you can email Emma or Lee direct at:-
[email protected]
[email protected]
And for those who would prefer a more traditional face to face meeting we can see you at any of our offices in Devon and Somerset: Barnstaple, South Molton, Bideford, Taunton and Braunton.

Lee Dawkins

Lee Dawkins

Over the past 30 years Lee has overseen the expansion of the firm’s litigation department. He developed our personal injury and clinical negligence teams, creating various niche areas that now enjoy a national profile. He pioneered contentious probate, setting up one of the UK's leading inheritance dispute teams and established Slee Blackwell as a force within claimant professional negligence. He now works as the firm's marketing partner.
Lee Dawkins

Lee Dawkins

Over the past 30 years Lee has overseen the expansion of the firm’s litigation department. He developed our personal injury and clinical negligence teams, creating various niche areas that now enjoy a national profile. He pioneered contentious probate, setting up one of the UK's leading inheritance dispute teams and established Slee Blackwell as a force within claimant professional negligence. He now works as the firm's marketing partner.

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Call the Slee Blackwell helpline on 0333 888 0404