100% agree there Ell-en and apreciate the artistic embellishments to liven things up cher.!

Thank God for that at least 2 left. So cher if they're ending your arrangement what do your payments revert to? the whole things nonsensical the arrangement ends when the debts repaid otherwise it was initially feckin' pointless.

Well that was the kiss of death. Why,s" it all quiet on the Acenden front " have all fellow combatants been liquidated ,,am I the sole survivor,the last man standing? If so the message is, theres still no surrender I'll go down fighting.

This is a blurb from a claims company as many may be faced with mortgages with this crew running into retirement and the consequent affordability and as you may have received little if any advice from the "regulated brokers" who sold you this product in the first place,there may be grounds to claim a missale. Its not the best written piece I've seen but the principles may be well founded and worthy of investigation. Just GOOGLE ;lending into retirement and see what it throws up,this article was extracted from the search. Mortgages in to retirement may have resulted in you being mis sold mortgage In Mis sold | Tags: mis sold mortgage, mis sold mortgages, missold mortgage Mis sold mortgages can take place for a variety of reasons but we will focus on people who have a mortgage that is going to run past their retirement and give you some guides to determine whether or not you feel if you have been a victim of mis sold mortgage. The first thing to consider is were you given advice on the monthly costs of your mortgage to retirement and then beyond this point and did you receive 2 illustrations showing you the difference in the monthly amount if not then you may have been a claim for mis sold mortgage. The next thing to consider in identifying if you may have a missold mortgage case is was your income in retirement discussed, did the advisor get projections of your pension income in retirement to see if it was still affordable in retirement if not then again you may have been a victim of mis sold mortgages. The next point to consider is did you consolidate debt into your mortgage which resulted in you having to continue mortgage payments in retirement? If so these secured or unsecured debts were and if they were unsecured then again your mortgage sale needs to be looked at for being part of the mis sold mortgage market. We would suggest that over 70% of mortgages that run into retirement have not been properly advised on and would recommend to all everyone who have a mortgage that runs into retirement to get it checked for being part of the mis sold mortgage market as most of the companies that will check if you have been mis sold mortgages will operate on a no win no fee basis so you have nothing to lose in getting your case checked to see if you have been missold mortgage. Don’t ignore the situation until you reach retirement as it will not go away and if your income is going to drop substantially in retirement so you need to address the mortgage missold issue sooner rather than later as you do not want to get in to financial difficulty at this time of your life. Imagine submitting a mis sold mortgage case and being successful and being offered redress for having your mortgage mis sold what difference would this mean to your retirement plans?. We suggest if your mortgage runs in to retirement we would suggest you address this issue and get a good claims management company to look into your case for you as most win on a no win no fee basis but making a successful claim could make a huge difference to your lifestyle in retirement so get started today and see if you have been mis sold mortgages in the past.

The question begs to be asked and its a big one,one of the regulatory rules think its mcob 4 specifically deals with affordability and lending into retirement when granting loans,this factor was obviously not considered at all by the broker or the lender(represented by Acenden) there is some question of an unenforceable agreement here and such was proclaimed by the fos sometime ago in similar circumstances.Will try and find it and post it up for your consideration to see if it applies here,if you make a complaint to the fos could buy you time and delay things considerably,its free and you may get a result on affordability,lending into retirement and Acendens outrageous charges and also its free.. In the meantime it may be worth checking gallahads post above with the dwp to see where you stand exactly. I don't think theres enough equity in the property in the current fickle market to bother the receiver with sale at an undervalue ,as to redeem the mortgage with numerous fees it will probably be 90k plus anyway. If your parents decide on the bankruptcy route they will be discharged after just a year with no hounding or further worries,has to be worthy of consideration.

We must keep this thread going, the more people it reaches in the google rankings the more people it can help,to let it die will give the pariahs a huge victory so please keep making contributions thats the only way we can cause them damage and the more contributions the more prominent the site and the more people become aware of what is available. This thread with the spml thread has now been going 3 years and many personal victories have been won. The knowledge is here most things have been debated through so please continue to make contributions,the object is to help as many as possible to stay in their homes..

Hurray a victory for someone at last,stef you could use this judgement for previous years as well. Its unbelievable that Acenden try these things on and hope to get away with it.Watch their charges for costs for the court,have they any right to claim these?in fact you should get yours.

Ell-enn I agree totally in fact the FSA (god bless 'em) gave a directive specifically that arrears fees/charges were not to be added to the mortgage account.

Is there any chance that all who post here and have posted on the old spml thread please contact their MP then post the name of the MP you have contacted and I will write a letter to them all copied to each one of them. ASKING WHY NOTHING HAS BEEN DONE AND WHEN IS SOMETHING GOING TO BE DONE REGARDING THE CONTINUAL ABUSE OF THE CONSUMER PERPETRATED BY ACENDEN INSTEAD OF THEM RECEIVING USUAL BRUSH OFF FROM THE FSA WHO HAVE ACTUALLY REGULATED FAR LESSER OFFENDERS AFTER NEARLY 3 YEARS THIS SIMPLY JUST HAS TO STOP..

Stef could be very wrong but it seems to be saying if you don't pay on time by the due date they can enforce the mortgage ie repossess you or take proceedings for such.

Ell-enn You have had several years now of success saving many people from eviction from these administrators and group of companies so you can appreciate the depth of the problems. Is there any likelihood of CAG running a campaign as they are currently doing with Swift to actually put pressure on the Regulators the FSA to actually regulate these firms. Far lesser offenders have been fined such as gmac redstone etc.for levying excessive administration arrears charges of less than half of what Acenden charge,the FSA state they are aware of Acenden to borrowers MP's who contact them but still after all this time and all the lost homes now statistically about 25% of the total mortgage book ,actually do nothing. Surely this calls for the might of CAG to run a campaign and you are a witness first hand of the abuses the borrower has suffered,the spml thread alone must be one of the longest on CAG at more than 300 pages. I am sure all would be forever indebted if you could use your undoubted influence,this abuse has surely got to be stopped.

Thanks for the info and download mercyblue it may help people who have faced difficulty if they can quote this. This was posted on post 52 and follows on on this thread from there. "Hi all I spoke with these morons again today to make a payment and as I am in arrears still they tried to make me discuss my re[payments with them the moron who I was speaking to tried to tell me that my next payment was as directed by the court and that it had to be £74 over the mortgage payment. He was not helpful when I explained that there are payments being made by the DWP of £55.00 and the along with my payment took the mortgae payment to over the agreed payment. He then told me that the next payment HAS to be paid by the first of the month (oh he also asked why the payment today was late!!). I explained that the payment will not be paid until the end of next month and that I have to change my payment date to which e then tried to tell me that they cannot change the dates to which I then had to explain that they can do that but he insisted that they cannot do it, I then told him that they will have to do it and that he was lying and that they can do. (this went on for a few minutes after which I demanded the authorisation code for the payment. he then tried to make me wait until the tried to explain something to me to which I demanded that he either give me the authorisation code or i will ring off he then gave me the code and then I rang off. I am soooo angry! Am I right about the changing of dates? etc."

Which lenders t and c's are these? as those who've been refused a date change and there are many would be able to quote this but beware the words "may request" ie as to be expected its discretionary.

Acenden Capstone mortgage services An important announcement for all ex employees. Be a hero to 100000 abused borrowers many of whom will lose their home . Let the powers that be know of their business model.we have a national newspaper on our side. POST YOUR STORY HERE WITH CONFIDENTIALITY.

Just received this by email: Something most knew but nice to hear confirmation from the horses mouth as it were. Author: Blowingthewhistle Comment: Sadly you all look like you only know half the story. I used to work for Capstone in the shall we say customer service department. That was the official title anyway. Ok a quick run down There are very strict managerial instructions stating that payment date changes are not allowed. We were also not allowed to change accounts to interest only. We were actively encouraged to do everything to ensure that an account falls into arrears and than to keep it in arrears. We would ask for large payments but never enough to clear the arrears. We had one main goal and that was to keep the charges being put on as many accounts as possible. The charges go towards the annual profits upon which a bonus based on performance is paid, so it was in our own interest not to help borrowers