thanks am going to do that lets hope and see it works fingers crosed!

Hi Cagers I have had a mortgage with BM for 18 months and my account has pretty much stayed up to date. I have found another property to purchase on a buy to let but have initially been refused by the lender as they say my account went into arrears for 2 months 7 months ago. In October, I explained that the company i was working for was having financial difficulties and could not pay me that month but would certainly pay me next month. I have known the directors of the company for many years so trusted them. I contacted BM and explained the situation, I was told that there would be no problem and I could make the payment the following month. The following month, the same thing happened and called BM, they said that as long as I pay next month it would be fine. The next month, the company pays me and I pay off my mortgage. Having applied for this new buy to let mortgage the Lender has declined lending to me due to this 2 month arrears which was settled as promised the following month. The lender has said the only way they can give me a mortgage is if BM write a letter stating my account did not go into arrears, however BM say they cannot as my account DID go into arrears! Is there anything I can do? Why did BM not tell me about the account going into arrears!

I have had enough of natwest excuses and want to take them to court. I have calculated the amount owed inc interest added to single premium policy, statutory interest and the amount paid in ppi prremiums. Following procedures set out on this site, i have given Natwest more than enough time to pay me and I want to start court proceedings agains them. How would i officially do this? Do i notify Natwest of my decision to start the proceedings or do i just start? Any help appreciated

thanks Deb, For the amount I am making a claim for (PPI) what day do i start from calculating the interest. Have used the spreadsheet already for calculating my bank charges but seeing that the unlawful charges were added each month (for past 6 years) its quite easy to use the spreadsheet to calculate the days since the offences. When are the dates of offences for PPi claims, are they each month, from when the loan was taken out? Any help much appreciated Caggers!!

Hi, Am going through the same struggle as you with thenastyWest as Hell likes to call them!! Any help with calculating interest would be much appreciated as I have all info i need to hit em but just want to do it properly. Took out loan for £20,000 in November 2006 Single premium PPI or Loan protection Insurance as the Nasty call it added Loan Date Nov 2006 Loan amount 20,000 PLP premium 5650 No of payments 84 (made 20 so far) Total interest 14,000 Total amount payable £34,000 Monthly payment £405 APR 8.7% I cancelled the plp policy in February 2008 and have now had a plp rebate of 3600 to the account and interest on this of 1200. This has left me with a balance of 21k left to pay over the next 5 odd years. Having spoken to someone in their complaints dept, i was told that had i not taken out the plp(which i didnt want in the first place) The total amount payable over 7 years would have been 26000 not 34000. So far i have paid £7500 towards the loan. Am i right in thinking that i can claim 26000(amount the loan should have been for)-7500(amount i have paid so far today)=18500. so 21000(current balance) - 18500 = £2,500 What interest can i add to this Help needed guys and gals:)

Anyone know where the ppi claim spreadsheets are located on this site to calculate interest etc thanks

Cheers for that CitizenB, the unfortunate thing is that I stupidly did not send by recorded delivery so cannot prove it was sent:( I will never be that stupid again when corresponding with the enemy:) i am now waiting for their SAR form which i will have to send back to them along with £10. I will personally take this to a branch and have them sign something to acknowledge the payment!! If they still mess around after, I will no doubt take this up with relevant authorities.

thanks citizenb yes, will write back to them its just that they always make excuses. I remember last month I sent them 2 letters of the same content to different addresses and just spoke to a lady this morning who told me they had not received it. Damn liars:mad: These are the same banks we are supposed to trust:evil: They even said they have not received my £10 for the SAR:evil::evil: So reluctantly, I will have to fork out another tenner:mad: Oh well, I am in this for the war:rolleyes:

must say this does sound very interesting and similar to my struggle! Will be checking this out. Am sure you are going to win aa!

Many thanks aa! I hope you dont mind me using some(a large majority)! of your letter to hit them where it hurts! I want my money back!!:mad: I still have not got all the information back from them relating to my account. I have requested a SAR and they have just sent me a little bit of information but not information calculating how they worked out the interest when they added the insurance premium to the loan. Did they send you all your information?

Sorry for late reply, been so busy with work,Great thanks CitizenB, am feeling confident abou getting back my money the unlawfully buggers took. Will fill everyone in on my progress:)

Guys are you out there? If i have had a loan for 18 months but my monthly payments have only gone towards single premium ppi am i right in thinking that if the ppi was missold, I can claim all this back. I have paid £6464 in monthly payments and still have pretty much the same balance of apprx £20K which is what the loan amount was for. Those sods have only been using my monthly payments to pay off ppi, not towards loans:evil:

Great!:)thanks for that, am gonna spend evening searching through! and figuring it out how to get the sods!!

cheers for reply citizenb, the policy was added as a single premium policy at the start of the loan. Yes, i would like to claim back the premiums and interest I have paid for the loan but in the 19 months I have had the loan, All or most of my monthly payments have gone towards this insurance policy that I was missold. I have paid £6468.16 towards an insurance policy I did want, not only do the sods add the PPI to my loan, but they also make me pay that off first before paying of the capital and interest for the loan. So £6468 is the figure I want from those buggers!! not forgetting the extra 8% interest!!

Hi guys, need some help with this ppi claim, maybe i am not so bright afterall:-(:-( After sending nat a S.A.R - (Subject Access Request), I have now received the Loan agreement. (1 sheet of paper) My loan was taken out in Nov 2006 and I have paid PPI till Feb 2008. After realising the sods had ad PPI to my policy,without being applicable to me(self employed) I cancelled it. The loan was for £20,000 and the interest nat added was £5646. On top of this interest they added a Single Premium Policy of £7476.Total repayable £33,122. The APR is 8.7% The agreement states that the Main loan repayments are £315.26 per month and the insurance loan repayments are £89 per month. I have made 16 monthly payments of £404.26 and my payments since cancelling PPI are now £334 per month. I have searched the CAG site and havent found any suitable templates for working out my claim. Is there anyone out there who has claimed PPI and knows how to calculate the full amount to claim. Would really appreciate some hellp:-) I have calculated that if the PPI was not added to the loan, I would only have to repay £25,646 over the term and my monthly repayments would actually be £25,646 / 84(7yr loan)£305.31 per month. As i have overpaid £98.95 per month for the 16 months I had the PPI policy, this means I have overpaid by £1583.62. On top of this amount what interest can I add to the loan and if I set out a letter stating these facts how will the bank take my claim seriously?:?: I have also been told by the bank that my monthly payments would reduce to £334 per month if they removed the PPI. I think they should be even less as because i am making payments towards the capital (£20,000) and the interest (£5646), the more I pay, I am reducing the cost of the capital amount and so would reduce the cost of interest. Even so, If i calculate £25,646 (loan amount inc INT) / 84months (7 year loan) I get a sum of £305.31 so how can this be £334 per month. I think Nat are trying to pull wool over my eyes!! I know you dont have to but your thoughts would be much appreciated if you could help out:cool: