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Kittycat63

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  1. I took out a small(ish) secured loan with Blemain Finance in about 2007, which was needed in addition to my main mortgage which was with Halifax. The loan I took out with Blemain was only for £17k (and my main mortgage with Halifax - which was interest only - was for £90,000). Despite the fact that the loan amount with Blemain was only around a fifth of the amount of my main mortgage with Halifax, the monthly repayments were about the same (about £300 per month). Some of the time I was not working so I struggled to always keep up with the Blemain repayments, BUT I was on top of the Halifax payments and, in fact, was in credit with them. Because I fell behind several times with Blemain, and had to come to payment arrangements with them to keep them 'off my back', until I could resume the full monthly repayments, they tried to repossess my home about 4 times and I had to go to Court to fight them off, which I successfully did. However, they subsequently took me to Court again and that final time they 'won' and I was told my home would be repossessed. I had to move out the following day, barely 24 hours later (and this was the family home I had grown up in and decided to keep on after my mum died). The house was then sold (in August 2014) and the money from that paid off the Halifax mortgage and part of the loan to Blemain. However, the final 'tally' for the loan to Blemain was, staggeringly, more than triple the £17k it was when I first took it out (I think the final amount was about £56,000). This obviously included countless charges for letters, phone calls, etc, that they had piled on. For example, they would frequently send duplicate letters which stated exactly what a previous letter sent a day or so earlier had said, which I'm sure was one of their ploys to pile on more and more charges whenever they possibly could. Even if I had sold the house before Blemain could get it repossessed it wouldn't have sold for enough to be able to pay off that vastly inflated amount to Blemain entirely and I would have been left penniless anyway. At the time the house was repossessed I was in credit with Halifax (so I was totally on top of my mortgage with them) and, as a result, Halifax did not agree to Blemain repossessing my home but they could not, apparently, stop them from doing it because the Court had ordered that Blemain could repossess. As a result of all this, I am currently renting a room in a shared house - which is a far cry from having a nice 3 bedroom home of my own (so to speak, even though it was mortgaged) with a lovely large garden. PLUS I still am in debt to Blemain to the tune of about £17k which, at the moment, I can't see how I could pay off because I'm not working currently. At the moment I am on a payment plan with them and pay only a nominal amount of £1 per month. So, my question is: Can I take any action against Blemain (now Together Money) to recover any money regarding the hugely excessive charges they piled on to my account and / or to cancel out the remaining amount? I would hugely appreciate any help and advice ! ! P.S. If anyone is wondering, the reason I had to take out a mortgage and a secured loan on the house (my family home) to be able to keep it on after my mum died was because she had a small amount outstanding at the time she died on the mortgage she had. I had to pay that off, PLUS I have two siblings who each had a third share in the equity of the house. as I was going to be keeping the house on, and it was not going to be sold on the open market, I had to raise enough money for them to be paid their third share each in the market value of the house.
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