Thanks Very Much for the replySo amongts all this I think I mentioned that my solicitor is dealing with a remortgage . I am pretty much sure that is what started this all off However I am not confident his area of expertise is high enought o deal with the Banking Issues Are there any specialist solicitors that deal with these type of Banking Issues at all that anyone could recommend Thanks Vetry Much for the help

Hi Excuse my ignorance but what would S.A.R mean Thanks

Hi We have never missed a payment on the Loan , never been late or anything like that , Firstly they request the overdraft to be repaid , which we said we would do . They gave us a date of the 12th of Sept and when we got back form holiday they had sent a we intend to default letter for the 23/8/2012 .We have now repaid the overdraft . However on the same day they sent a letter demanding repayment of our business loan as well asking us how we intend to repay it . The Business Loan represents less than 20% of the equity. How can they do this ? We have never had any warning , any defaults . It is as though we are being victimised for no reason at all . I have requested a copy of the contract formall in a letter I sent . I had requested this previously via email . Back in June . would this be a formal request . Dont they have 10 days to reply . Can I instaigate this no contract rule as a result Any Advice gratefully accepted

Hi I have already mad one post on here re a demand for my 10k overdraft . As I was able to afford the repayments I didnt really follow it up. I was given a 90 day default notice and they confirmed in email that the date was the 12th of Sept However on returning from holiday I was met with a letter with a changed date bit also demanding repayment of my business loan immediatey or an explanation as to how we are going to repay. The mortgage is for 70 thousand . I have consulted my solicitor but i am not confident he knows exactly what he is doing . What should my course of action be ? I have paid half of my overdraft but just though if they are able to chase me for the business loan which is easier to force . They have no contract for the overdraft repayment but they have a contract for the business loan If things go wrong should I keep the money i was going to pay for the overdraft seperate. If I use it towards the business loan 60k is easier to find than 70k Finally is there a minimu amount for which they cannor reposess my business ? Help please

Hi Thanks for the replyYes this is a Branch Decison . I am fortunate that we have an ISA that we can cash in and some emergency money put by , otherwise I would be up S%*t creek without a paddle . I have sent letters to my local Mp and another MP whhere my business is . ( its a chip shop by the way ) One said he could n't help but thanks fo letting him know . The other said change banks !! Thes guys are great you know !!!My main gripe is the fact that they have knowingly lwt me spebnd the money . Over the past 3 years on our road to recovery from our non paying tenant , they have congratulated us on how well we were doing . Recntly ( March ) we sat down with our relationship manaer who was going to consolidate the overdraft and give us some money towards the purchase of the car . We filled out a life insurance policy for the main busines loan and sickness benefit as well .Then they declined the loan . This is when my relationship manager explainde that my ovedraft was miy facility and I could use it for whatever purpose I wanted .I am also aggrieved that I missed out on the Bank charge refund . They offered me £2k at the time but i declined and waited for the resluts of the enquiry which sort of backfired .I am wanting revenge against these people . I mean at one stage after we had one shop burn down and no insurance money , the bank arranged a leaseing company to help us as they wouldnt lend us any more money to help , my ovedraft went up to 45k !!! this was wround 7 years ago so its been wittling down over the years . They seem to have just turned against us for no reason at all .Is there a possibility that the Business loan has PPI , Do you think the fact that they have not sen the contracts to me means they may be hiding something or are afraid of something or are they just being rubbush.Anyway what would be my starting point here . Any more help .PS i have only 70 days left . I will be apying the money off . Will that affect my ability to take actionThanks Everyone

Hi Recently without any explanation my bank has sent a letter requesting my overdraft be repaid within 90 days or they will default me on my Business Loan .This wouldnt be so bad but they allowed me to use it knowingly for the purchhase of a car and also in the middle of property renovations.They claimed I couldnt meet the payments for the new criteria which was in their calculations using a 5% base rate to recalculate my yearly repayments ( not actual but for thier purposes ) and then claiming I need 3 x profits to be able to repay them ( according to criteria ) my current loan is 2.25% above base Anyway I have sent them emails requesting my contarcts so I can see them . I know for a fact that I havents signed a recent overdraft contract for a couple of years . Also in the past I have had significant financial proplems due to a fire at one of my shops and then a tennat who refused to pay rent , through which they have been undestanding . Enough to charge me over £16,000 in charges over the last 8 years which I seem to have missed out on .I am concerned that since the letter I have had no proper communication with them whatsoever despite my requests for contracts .I can repay the money but am very angry with their decison . Do i have any legal rights to stop them . Do they have any rights over the ovedraft as they have no contarct and it has been unsued for a very long time maybe 3 - 4 years until a recent withdrawl for the car and building . I had with my relationship managers advice been paying £ 300 per month to reduce it over the last year . It is around £13k howver my freehold proerty is 500k business loan about 73k so ther is loads of equity Any advice pleaase ?