The proposed class action seeks damages for unlawful overcharging of interest and fees on automatically renewed Haventree Bank mortgages.
As plead, Haventree Bank has processed automatic renewals of mortgages without the knowledge, consent, or signature of mortgage borrowers, and has subsequently then charged the borrowers unlawfully high interest rates and fees.
Haventree Bank was created pursuant to an amalgamation and has operated as its own entity since 2018. Before that, operations (including the practice of mortgage lending) carried on under the name and entities associated with “Equity Financial Trust Company”.
The law firms of Landy Marr Kats LLP and McKenzie Lake Lawyers LLP have commenced the proposed class action against Haventree Bank.
If you are someone who has, or previously had, a Haventree Bank mortgage or mortgage product that was automatically renewed, please email us at email@example.com