good news. will post soon.

we've got a good while before twelve months is up. gosh i hope this doesnt drag on til then but keen to help bring this nonsence to an end whether we win our case or not! either that or i'm selling my soul, becoming a receiver and earning back my livelihood!!!

thanks patrick. will do. are there ANY success stories on CAG re lpa receivers, i wonder???

interesting point!!

hi chill...the problem is that when it goes onto the mortgage it just kind of sits there (ie doesnt get reflected in the monthly payment)...i think anyway but they are not very clear on it. how are you getting on with your case (pm if you prefer), as sounds like we are kind of in same situation.

Had anyone had any advice from FSA or solicitors on the matter of overpayments made? ie where the monies paid over by receivers are in excess of the monthly payment? we've been told this is added to capital (so doesnt help with the next months payment)...but does not actually reduce your capital....so in effect you are continuing to pay interest on monies already held by ME....cant see how this one is legal even under the act!

hi everyone. chillinlong we sound like in the same boat. mx nice cop, receivers bad cop and we're no further forward. Gosh i hope we can resolve this swiftly as mine is waining!

Does anyone know what the proper procedure for selling the properties should be by the receivers?

a few weeks, but we made substantial payments during that time.

thanks patrick. it hasnt happened to us yet but we are trying to figure if we should/can afford to keep paying our mortgage even with receivers in place.

Has anyone had experience of rents being collected by receivers but not passed to ME?

hi patrick, re your thoughts outloud above...my instant thought on the deposit situation is that its still the landlords problem. if your letting agent fails to hand over the deposit, and goes under, the liability is still on the LL to repay tenant so i would imagine same in this case. i guess the tenant would have no claim for it (unless they claimed from the LL) and we'd be told to go after the receivers (easier said than done!).

the call recorder is a good idea. will look into it. i can see how so many people on this site have simply not got the energy anymore to fight this and roll over...but at the moment we are (not hopeful!) but full of fight! As said very keen after all this to help in stopping this situation. It seems ridiculous that becuase we are nasty profiteering landlords we seem to lose our rights as consumers, even people and this un-regulated nonsence can occur.

should we get proper MRICS valuations (as opposed to the receivers getting estate agent market appraisals)...or do you think some independent market appraisals would be enough (obviously the former is expensive and we've already had to instruct a lawyer on this all!)

thanks patrick. very helpful. sent you a PM (hopefully)