Oooohh!! "Moi" hijack your thread ??? :D Ooopps!! Just trust me when I say I am working on these people - I sent a huge complaint showing the "problems" that there had been etc.. to the LCS It'll be very interesting to see what they come back with. I don't expect goodies for this one - I just aim to stop this group of solicitors taking advantage of those who simply don't know how things should work etc.. cause I feel it's unfair such a large group take advantage of their clients - just because they can.

Congratulations!!!

Thanks TUTTSI - I knew there was some kind of link to GE - I just couldn't remember how they linked in. I just thought it was worth a mention - cause Loans.co.uk and purple loans always target GE customers offering refinance etc.. - it's always worth researching these flyers to look at the backbone of these companies cause there are usually links to companies there. These flyers are not usually as innocent as we first thought there's usually a load of data sharing going on etc..

I might be wrong - but I thought loans.co.uk were part of the GE Money group - with companies like Purple Loans etc.. Not sure if that helps at all - but GE have a huge list of companies that belong to them.

This appears to be Cabots pattern - geez they are numpties!! I know of others where Cabots file a claim using Deanos "online claims" through MCOL Northampton place. Once defendant files their defence to challenge Cabots case is struck out/stayed. THEN Cabots write threatening legal actions - like they have a case if first case is struck out?? Just let them find out for themselves if they file and waste their time and money - don't remind them of nothing. If they are daft enough to file again - just defend showing Judge the previous case as references - let judge see what a bunch of twits they are. I reckon Cabots are just pretty lousy at what they do and are clutching at straws in an attempt to bully money off people.

??? is there a link to mail article?

Bumping the free phone number up

Hi Mel 100, YES you can reclaim your mortgage charges back off any mortgage. If you don't know the dates/amounts of charges do the Subject Access Request asking for all the details they hold on your Mortgage Account (do it in joint names if account is joint) Use the bank charges SAR in the template library here - just adapt letter to suit account). OR If you already have a list of the charges they owe you - use the spreadsheet in here to work out the interest owed on each charge from date it was made etc.. (just like for reclaiming bank charges). Print this out and send with an adapted Preliminary request for repayment from the template library - this gives them 14 days to return your money. After the 14 days - send the Letter Before Action with same spreadsheet updated to match new date. Abbey will probably reply you can't have your money back they are right etc.. At this stage send all copies of your letters and charges to the Financial Ombudsman Service - use their complaint form linked here in the A-Z - explain you've asked for a refund of these charges and Abbey refuse to pay you back etc.. FOS will then look into it and write to Abbey about it. It doesn't matter whether your mortgage is still with Abbey or not - you are entitled to your money back either way. Abbey will usually pay up rather than have FOS investigate this matter. I reclaimed my own Abbey Charges this way and had a full refund plus interest etc.. on the money they took off me. http://www.consumeractiongroup.co.uk/forum/welcome-consumer-forums/69359-cant-find-what-youre.html - this is the A-Z list to help you. Good Luck - the FOS is easier than the court route and costs you nothing - FOS do all the work once you place your complaint.

I second that line of thought!! Well Done - it's nice to see Cabots get a kicking again :lol: When will they learn??????????

Thankyou!! I shall do a search in the morning on these topics and see what I can find.

Thanks for this - I've been sat on this one a while trying to figure which way to go with it. We'd two Abbey current accounts with - £6k charges between them all charged over a few months. Because we'd been silly and "kept it simple" and had ALL Abbey products (buildings ins, contents ins, life protection, income protection, loan, mortgage, sec loan, current acc's) so when my OH was made redundant the charges were awful as every DD they applied for time and time again racking up charges as it went along we were soon seeing they'd not let us use the income protection policy we'd paid into for years (to salvage situations like redundancy) Abbey voided the policy cause of unpaid DD's and charged us £6k in the current accounts - everything we earnt got gulped in charges. (we got the bank charges back off them as GOGW they'll never say they were wrong to cripple us financially) ALSO they'd charged loads to the mortgage account which we reclaimed in FOS. It was awful what we were charged in charges - they literally broke us. I'll look at the site you showed me and see what they recommend - it'll be interesting to see what they say, I'll look at the ERC threads too cause I am sure we'd have a case amongst the stuff that happened to us. Thank you

Hi Roony, YES we did challenge the charges in 2007/8 and went through FOS - it ended up they gave us a gesture of goodwill cause they were perfectly right to charge us they refunded equivalent amount. However - I've just gone through our land registry papers and will PM you.

Mmm!! Right OK then. As far as the Multiple Agreements would go I can say that it's a scenario where original mortgage was say £28k in 1999 and the and additional/remortgage of roughly £30k (will dig figures out to double check that) so CCA & Multiple Agreements may not apply to this? You see the original 1999 mortgage was a 10 year fixed rate = supposed to run to 2009. BUT because all eggs were in an Abbey basket (mortgage, current accounts, personal loan, insurances, life cover, income protection etc..) it was incredibly easy for Abbey to maximise all their charges and void the income protection = it was more profitable for them to bounce the DD for income protection than to pay it? It meant we were in a "TOUGH PLACE" facing repo. The income protection was set up to be more than ample to allow us to repay ALL of our financial committments should either of us hit a rough patch (illness, redundancy etc..) - but cause of the endless charges things soon cascaded into a nightmare for us where every month we owed more money cause of the DD's bouncing and charges they applied to accounts. These Abbey people threw us a lifeline and basically told us remortgage whole package and repay them the huge charges we owed them "we'll call it a home improvement loan for the paperwork". No need to guess what we did - we'd two kiddies and a repo order from court. It meant we'd lost the fixed rate we originally had and they charged us a bucket load of dosh for the remortgage Abbey was in "win, win" situation? I'll have to do some work on this one as it's needled me for too long

Roony that's a really good post. Thank you!! Would the same apply with other mortgages - like Abbey? Also I'd like to know what would happen in the event of situations where like there is the original mortgage (say 1998) and then additional borrowing with same company in like 2003. I'm thinking that perhaps there would be two lots of securitised mortgage/loans? So I'd be looking for two different lots of info on this? Now this makes me wonder whether Abbey ought to have been selling the second loan/charge (increasing borrowing) if the first loan had already been securitised and Abbey no longer owned the rights to do this cause they weren't legally the owners at that point? OR am I getting confused?

Seems no matter how they "repackage" themselves (Hodsons/Morgans or Cabot/Fired) it's still the same bunch of cowboys in the outfits!! Some people NEVER learn do they? I reckon when these people were told to go queue for brains - they went and stood on platform waiting for trains numpties!!

I think courts are like many places and they do swap and change things as matters arise. Patience is a virtue!! all becomes clear eventually??

Ha ha ha It happens to the best of us!! I guess someone is "spring cleaning" again

Does this not go back to what I posted in this thread - page 4 post 61 ?? http://www.consumeractiongroup.co.uk/forum/debt-collection-industry/171037-multiple-agreements-falling-within-4.html Seems to me the lender wants it both ways - they want things to go back to "as though the loan never took place" - lets them neatly off the hook if this happens? It's all funny business if you ask me

I'd report this to the FOS and reclaim the charges etc.. explain about the terms you opened the account (relating to the work contract and so on) surely there is something "unfair" within such a contract? Another thing that crosses my mind is - how does the work union interpret this company bullying employees into holding bank accounts with them? Did you have a work union and would it be any use talking to them about this? It's kind of like Tesco employees being told "you can't shop at asda"? I can understand a company offering privilages/discounts to employee as part of their package - but those are usually "optional" to an employee as to whether they use them or not - the choice is down to the individual? I don't see how the company can stipulate an employee has to use their account with the company - surely that's out of order? Maybe there are people in the Banking threads who can help you with this one - there may be some A&L/Santander employees in there who will have the terms of their contracts available to help you.

I'm not sure if this link helps explain subrogation - there is some explanation so people can read about it and some cases as examples to read through. Property Law UK What is subrogation? Subrogation is not a right or a cause of action, but an equitable restitutionary remedy against a party who would otherwise be unjustly enriched. In a typical re-mortgage situation, it enables the later lender to �stand in the shoes� of the earlier lender and enforce its security as if it had the benefit of the earlier charge. In short, lender B whose mortgage is used to discharge a prior mortgage in favour of lender A, is subrogated to the rights of lender A. There is a little more to it than that.

I think this is where we need to look into Subrogation of Loans - I have a feeling that these companies shouldn't be asking for subrogation of loans in such circumstances playing on peoples fears.

This might help you (I copied this from the thread I have linked here) http://www.consumeractiongroup.co.uk/forum/mortgages-secured-loans/175426-mortgage-securitisation-preferred-29.html#post2097269 Mortgage Code (section 8 would appear to be applicable) MCOB (FSA rules) MCOB 13 Arrears & Repossession Council of Mortgage Lenders 1)CML statement of practice - Handling of arrears and possessions 2)Industry guidance on arrears and possessions to help lenders comply with MCOB 13 and TCF principles

WELL DONE MICKO!! Preparation is half the battle isn't it?

I wouldn't have thought reclaiming old charges on a mortgage account was a problem - I've reclaimed on closed bank accounts with Abbey so it's a similar thing isn't it? With a mortgage you can go back 12 years - further if you use Financial Ombudsman Services to do it cause they don't use the 6-12 year thing. If you've a list of all the charges made to the account - you can use the letters in the template library here and adapt it to suit mortgage account etc.. - use the spreadsheet calculator in there too to run up your schedule of charges that you are reclaiming - it automatically adds the 8% statutory interest into it for you to see what you'll be able to reclaim with interest. Send th Pre Lim letter, wait 14 days then send the Letter Before Action and then once Abbey write back with their reply (probably telling you no chance!!) send it to FOS with your list of charges and the FOS will help you reclaim your charges back. Abbey will settle once they see FOS looking at it for you and you'll have your money back. It's easier than the court route too. If you haven't your statements to get the information of what they charged you etc.. send an SAR request (from the template library in here) and ask for all the info related to your mortgage account etc.. and they'll send this info to you. Good luck.

They call themselves GE Money Secured Loans Ltd on my agreement and on their court papers they call themselves the same too. But there are loads of companies that GE jiggle around with - these below are listed on companies house - so it's anyones guess isn't it? 02248981GE MONEY CONSUMER LENDING LIMITED 03542999GE MONEY DIRECT LIMITED FC024743GE MONEY EMEA 03539318GE MONEY FINANCIAL SERVICES LIMITED 00592986GE MONEY HOME FINANCE LIMITED 03770763GE MONEY HOME LENDING LIMITED 05128880GE MONEY HOME LENDING FINANCE LIMITED 05128935GE MONEY HOME LENDING HOLDINGS LIMITED 05151632GE MONEY HOME LENDING INVESTMENTS LIMITED 05199179GE MONEY LENDING SOLUTIONS LIMITED 03770776GE MONEY MORTGAGES LIMITED 06438949GE MONEY ONE LIMITED 03553325GE MONEY PURPLE LOANS LIMITED 03860257GE MONEY SECURED LOANS LIMITED 03859120GE MONEY SERVICING LIMITED 06440028GE MONEY TWO