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Daily Record
Daily Record
National
Douglas Whitbread & Jon Brady

OAPs fear becoming homeless after 'banking error' linked to Scots home sale 30 years ago

A couple in their 70s fear they'll be made homeless after an alleged banking error linked to the sale of their home in Scotland 30 years ago left them financially "ruined". Bernard Lockett, 78, claims he and his wife Lea, 73, lost tens of thousands of pounds from the sale of a property due to the Royal Bank of Scotland'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. He detailed how 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 RBS refused to say how much of their money was used to settle their outstanding debts. He 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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