Northern Rock's £270m blunder

Around 152,000 Northern Rock customers will receive hundreds of pounds each in refunds over incorrect paperwork in loan deals.

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Northern Rock: 152,000 customers to receive compensation

Some 152,000 customers will get a total of £270 million compensation after mistakes by remnants of Northern Rock.

Northern Rock Asset Management, the publicly owned bit, made mistakes on loan documents between 2008 and now, so customers will get interest back.

If you had a loan with them you will be contacted in coming days to see if you will get compensation. It's a major embarrassment.

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