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anuvid

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  1. If it helps, despite you having been to court for this before, I doubt that any court would grant reposession if your sale was about to go through. Do the lender have a charge on your property ?
  2. Hi there. I've since found out alot more about this situation, but would be happy if someone else on here could verify. Firstly they can't just keep adding these charges on, they're trying it on. To be on the safe side when you do send the settlement (congrats on the house sale by the way) send the principle sum plus any interest owed minus any charges you dispute, and accompany with a letter asking for justification of the charges. Send this all recorded delivery. Also send a recorded delivery letter to them confirming that you would like an explanation of the charges added to your account as you do not recall agreeing to such charges, and that the lender is required to justify the charges which must be representative of the actual cost of the service e.g. a letter would never have cost 145 to produce and in any case they can't charge you for asking for an answer to a question. Were the parties involved the parties with whom you orginally dealt ? I hear alot of stories of people like Halifax selling their debt to other parties and in some case not doing the paperwork correctly. But I would say if you were only expecting to continue monthly installments a different situation would present itself but since you're considering settling you should play hardball - pay the principle debt and interest agreed in your contract off, and let them prove the additional sums.
  3. Ell-enn I don't suppose I could discuss a similar problem with the same lender with you ?
  4. My parents are in a similar situation. What I've suggested to them (I'm not a solicitor but just applying some logic) is that they pay the settlement figure minus any amounts they disagree with. Example ? 150k loan, they disagree with 4k in charges. If they continue with their dispute Capstone are taking them to court for reposession based on being owed 150k. If my parents pay them 146k then Capstone are unlikely to be allowed to reposess based on a debt of 4k. The debt of 4k will be means tested. The risk here is that Capstone won't remove the charge on the property until the disputed 4k is resolved.
  5. Consider yourself lucky. My parents have a £ 10,000 early repayment charge, unexplained penalties and interest and admin charges on those penalties.
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