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Wales Online
Wales Online
Nisha Mal

'A banking error 30 years ago has left us penniless' says couple in their 70s

A couple in their 70s fear they’ll be made homeless after claiming an RBS banking error 30 years ago left them financially “ruined”. Bernard Lockett, 78, says he and his wife Lea, 73, lost tens of thousands of pounds from the sale of a property due to the highstreet bank's financial "mismanagement".

The decades-long saga began in 1993 when the pair sold a holiday tour business and then their bungalow, in Comrie, Perthshire, the following year. Bernard said he had a company overdraft and business loan with RBS, and after the home went for £131,000, they'd expected to recoup roughly £20,000 in profit.

But he became concerned when this windfall never materialised and Barclays refused to say how much of their money was used to settle their outstanding debts. Bernard requested meetings but claims he was constantly "rebuffed" by the bank, and later launched legal action after their paperwork went missing.

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