3PB Direct

Related legal services

If you would like to know more please have a look at the following related services pages or get in touch

Interest rate hedging products are typically separate to a loan and, if so, are regulated by the FCA. These products were frequently marketed to customers who had a loan with the bank. There are broadly four types of products that have been sold to customers.

  • Swaps – enabling the customer to ‘fix’ their interest rate
  • Caps – placing a limit on any interest rate rise
  • Collars – enabling the customer to limit interest rate fluctuations to within a simple range; and
  • Structured collars – enabling a customer to limit interest rate fluctuations to within a specified range, but involves arrangements where, if the reference interest rate falls below the bottom of the range, the interest rate payable by the customer may increase above the bottom of the range.

Interest rate hedges include a variety of different products sold to customers to help protect them against interest rate risk. In principle, interest rate hedging products can meet customers’ needs, as they provide greater certainty over future loan repayments. However, these products can also be very complex and therefore susceptible to mis-selling.

Chat to one of the 3PB team online

Call +44 (0)3333 231 586, send us an email or chat to the 3PB Direct team online:

CHAT TO 3PB DIRECT HERE

Or complete the form below:

  • Drop files here or
    Please attach any supporting documents relating to your legal problem detailed above.
  • This field is for validation purposes and should be left unchanged.

How to instruct a barrister

Our experienced team of specially-trained clerks make instructing a 3PB Direct barrister simple. Watch our video for a step-by-step guide on how to work with us to achieve a resolution to your legal issue.

We’ll be here every step of the way to support and guide you through the legal challenges at hand.

play movie