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Hello my name is ***** ***** I will help you with this.
How much are you seeking to claim please?Why are you not suing the business partner?
Did you ever go to the Ombudsman?What is your telephone number?
You need to write and set out your losses and request a refund from Natwest within 14 days or say you will go to Court within 14 days. You should make sure you send this signed delivery and keep a copy.
If they do not refund you then you can issue proceedings in the County Court. You can either do this online at: www.moneyclaim.gov.uk or by completing form N1 http://s3-eu-west-1.amazonaws.com/hmctsformfinder/n1-eng.pdf and take it to your local County Court.
The Court will then issue a claim which a copy will be sent to the Defendant who will have a limited time to defend it, if not you can enter Judgment and enforce.
If the claim is for £10,000 or less it will be a small claim so you will not need legal representation. Over this value you would need representation for trial.
As this is £1.2m you will need a Solicitor. You dont get legal aid for this and will have to use a Solicitor. In reality the costs are going to be £50,000 or more for this type of claim.
I should warn you, if you bring a claim and lose, not only do you have to pay your own legal fees, but those of Natwest as well.
Can I clarify anything for you about this today please?
Sadly not because of the risk. In any event its illegal to offer a no win no fee based on a cut. It then becomes a different type of agreement which is not legal in the UK.
I am sorry. Alex
I am sorry. I can only give you the legal answer. Alex