Swift Advances. Secured Loan Charges reclaim

[sweetjane]

Most of our correspondence is from "swift advances" - that's what the letterhead says. The footer states "Swift Advances is a trading style of Swift Advances plc, Swift Advances plc is an appointed representative for insurance mediation activities only of Swift 1st Limited which is authorised and regulated by the FSA . . . Reg office Arcadia House . . . Registered in England No 1800474" The original Agreement is headed Swift Advances plc, the court docs were Swift Advances plc and my FOS complaint is against Swift Advances plc. What's with the "trading style" letterhead?

SJ

[Sparkie1723]

Most of our correspondence is from "swift advances" - that's what the letterhead says. The footer states "Swift Advances is a trading style of Swift Advances plc, Swift Advances plc is an appointed representative for insurance mediation activities only of Swift 1st Limited which is authorised and regulated by the FSA . . . Reg office Arcadia House . . . Registered in England No 1800474" The original Agreement is headed Swift Advances plc, the court docs were Swift Advances plc and my FOS complaint is against Swift Advances plc. What's with the "trading style" letterhead?

SJ

 

If you look at your agreement ....I think you will see the name Swift at the bottom right hand side....in law this would mean that this agreement although in the name of Swift Advances Plc.....it was arranged and set up by Swift an unknown trading style of Swift Advances Plc but never the less a trading name / style they are using , also if you look at your SDAR info you will most likelysee that it was processed by Swift Advances although at the top it says Swift Advances Plc.........( Mine does) ......If you look at the latest letter advising you about reduction in some charges ....you will see it is from Swift Advances the trading style of Swift Advances Plc .....The tariff Charge Sheet is issued by the Swift Group....all thse documents have been compiled whilst committing a criminal offence and will be unacceptable in any legal proceedings ( possessions) .......but it is now that we have found all this out.

 

 

I sent all these documents to the OFT last night.

 

See again below from the OFT

If a licencee conducts licensable business under any other trading name(s), they must apply for the name(s) to be added to their licence.

 

Please note it is a criminal offence to carry out any activity that requires a consumer credit licence under a name that is not on a licence.

 

P.S My E-mail letter has been opened a furthe 5 times since my last post

 

 

sparkie

Edited March 3, 2010 by Sparkie1723

[Smarterchick]

Tick tock, tick tock Mr Websters watching the clock tick tock tick tock Mark Whites ready for the chop tick tock tick tock Matthew Payne will be out of a job tick tock tick tock soon enough they'll be all in the dock tick tock tick tock

 

You can't say they haven't been warned can you?

[sweetjane]

Thanks Sparkie & SMC for spelling it out to me! I'm on to it and will report back. I finally have some time to start revving up again. FOS be warned! (Oh, and Swift too of course - can't wait for your updates)

SJ

[Sparkie1723]

Now here is a letter that confirms our account is being administerd by Swift Advances

 

 

With regard the above I might just ring the FLA and tell them that the complaints they have received about Swift Advances Plc & Swift 1st Ltd and they said neither of these companies in their view had done anything wrong means that they are a waste of space and are negligent in not investigating Swift in the First place before they let the crooks be a member of their association.

Here is the notice of Swifts Groups changed tariffs

 

 

 

Here is the envelope the Tariff charge notification came in ....from the Swift Group

 

 

No mention of Swift Advances Plc except on the bottom of the first image ...the usual reference to the Trading style of Swift Advances, all these have gone to the OFT

sparkie

Edited March 3, 2010 by Sparkie1723

[andrew1]

Now here is a letter that confirms our account is being administerd by Swift Advances

 

 

 

With regard the above I might just ring the FLA and tell them that the complaints they have received about Swift Advances Plc & Swift 1st Ltd and they said neither of these companies in their view had done anything wrong means that they are a waste of space and are negligent in not investigating Swift in the First place before they let the crooks be a member of their association.

 

No mention of Swift Advances Plc except on the bottom of the first image ...the usual reference to the Trading style of Swift Advances, all these have gone to the OFT

sparkie

 

 

No License Sparkie - No License = No debt?, It's a Criminal offense using a trading style not on the license isn't it? oh dear.

Edited March 3, 2010 by andrew1

[Sparkie1723]

Quote Andrew1

"No License Sparkie - No License = No debt?, It's Criminal offense using a trading style not on the license isn't it? oh dear."

 

 

Sorry officer I know I haven't got a licence ...But...I promise I'll get one as soon as I can;)

 

sparkie

[busterg]

Richard Nettleingham - compliance officer. I believe he may have left now.

 

Attack of conscience maybe? Fear of clink and mushy peas?

 

I'll post some trading style letters I've received tomorrow.

[Sparkie1723]

Richard Nettleingham - compliance officer. I believe he may have left now.

 

Attack of conscience maybe? Fear of clink and mushy peas?

 

I'll post some trading style letters I've received tomorrow.

 

Then he may be one of the 9 employees that were made redundant by Mr Webster, who claimed by doing this he saved over £ 1.3 million pouds in wages and salaries..I asked him in an E-mail once how he did that as I thought he had been taking lessons off Derren Brown;)

 

sparkie

[Sparkie1723]

Just found this in Swifts court bundle they submitted ("old sparkies" slipping again into the twighlight zone ) .....it appears that I had TWO brokers involved in our loan application

Promise Finance Ltd & Promise Solutions Ltd...... this is my driving licence Proof of Identity with Promise Solutions Ltd stamp........... the copy of my credit file submitted is also stamped Promise Solutions Ltd,

...But all the other Broker docs are Promise Finance Ltd ..now gone bust and dissolved. so the question here is Did Swift Advances or Swift Advances Plc pay TWO lots of Commission?????!!!

 

sparkie

 

Edited March 4, 2010 by Sparkie1723

[busterg]

Then he may be one of the 9 employees that were made redundant by Mr Webster, who claimed by doing this he saved over £ 1.3 million pouds in wages and salaries..I asked him in an E-mail once how he did that as I thought he had been taking lessons off Derren Brown;)

 

sparkie

 

Morninig Sparkie

 

Lessons off Derren Brown - Mr Webster is certainly a magician in maths:

 

unsuspecting customer + his cut + difficult calculations

= repossession + over inflated interest rates

=10 to 14

 

Im off to follow up on some things. Will keep you posted.:-D

[Smarterchick]

Richard Nettleingham - compliance officer. I believe he may have left now.

 

Attack of conscience maybe? Fear of clink and mushy peas?

 

I'll post some trading style letters I've received tomorrow.

 

 

I came and visited London all the way from jolly ole Telford recently and went to the original ' Clink ' my god they have some grusome gadgets in there they used to use for torturing people in debt - thumbscrews, racks, and a metal boot which they put some poor devils foot in and stuck it on the fire with the foot wedged in ...isn't it good life has moved on and the only toruture we get now is Swift Advances Plc I tell you, there's a few of these gadgets might fit Mark White ya honour!

[busterg]

I came and visited London all the way from jolly ole Telford recently and went to the original ' Clink ' my god they have some grusome gadgets in there they used to use for torturing people in debt - thumbscrews, racks, and a metal boot which they put some poor devils foot in and stuck it on the fire with the foot wedged in ...isn't it good life has moved on and the only toruture we get now is Swift Advances Plc I tell you, there's a few of these gadgets might fit Mark White ya honour!

 

Morning SC

 

I believe Swift Advances, Swift 1st and the rest them are proficient in the are of these tactics. Gruesome Gadgets- Mark Swift, Thumbscrews - Swift APR, Metal Boot - Repossesions.

 

How sure are we that the "original clink" isn't their business address under the guise of Arcadia House?

 

I have an active imagination, but nowhere near as imaginative as Mr whites statements of truth and calcualtions. Now that really is Derren Brown meets Walt Disney.

[Sparkie1723]

The E-mail letter I sent to Mr Webster (on post 2519) has now been opened 45 times, .......it seems he is having to open it so many times because he can't read it properly at one read because of the tears in his eyes:)

 

sparkie

[Smarterchick]

The E-mail letter I sent to Mr Webster (on post 2519) has now been opened 45 times, .......it seems he is having to open it so many times because he can't read it properly at one read because of the tears in his eyes:)

 

sparkie

 

 

[busterg]

The E-mail letter I sent to Mr Webster (on post 2519) has now been opened 45 times, .......it seems he is having to open it so many times because he can't read it properly at one read because of the tears in his eyes:)

 

sparkie

 

He better get used to it, plenty of that where he's going. Plenty of other things as well I believe. Ha Ha ha Bubba Webster. I think he better buy a sack of onions and get some practice in.

 

He'll no doubt charge it to someones loan/mortgage because we'd never know would we?:wink:

[Marky1701]

Hi All

 

Has Mr Nettleingham left? Did he leave or was he pushed?

 

If he did leave because he could not sleep at night working for these bandits, he would make a powerful ally with the inside knowledge he must have.

 

If you are out there Mr. N, contact us !!!

[busterg]

Hi All

 

Has Mr Nettleingham left? Did he leave or was he pushed?

 

If he did leave because he could not sleep at night working for these bandits, he would make a powerful ally with the inside knowledge he must have.

 

If you are out there Mr. N, contact us !!!

 

Funny you mention that...........lets wait and see:wink:

[sweetjane]

Morning Swifties

I was chasing our Swift PPI reclaim yesterday, which is now with the FSCS because London Scottish / Easyloans (the broker) have gone bust, and was told by Deloittes (who are processing it) that the accounting information provided by Swift has discrepanciesand has been referred back to Swift for clarification. Well there's a suprise! I'm getting my accountant to check our Accrurial info and will report back. SJ

[Smarterchick]

Morning Swifties

I was chasing our Swift PPI reclaim yesterday, which is now with the FSCS because London Scottish / Easyloans (the broker) have gone bust, and was told by Deloittes (who are processing it) that the accounting information provided by Swift has discrepanciesand has been referred back to Swift for clarification. Well there's a suprise! I'm getting my accountant to check our Accrurial info and will report back. SJ

 

 

Ah, well, you see Mark White who turns these things out only has a Bsc in Economics, not Accounting so there you have the discrepency excuse. Economists and Accountants never sit at the same tables and are at the opposite ends of the magnet.

[frettful38]

sparkie sorry if this has no relevance to this thread but have found something very interesting and was wandering what yours or anyone else's thoughts were.

 

 

CONSUMER CREDIT

The Consumer Credit (Agreements) (Amendment) Regulations 2004

Made 5th June 2004 Laid before Parliament 9th June 2004 Coming into force 31st May 2005

 

 

In paragraph 10 it states:

 

1. All types. (Agreements)

 

(5) Where the credit is being secured on land the words "secured on" followed by the address of the land shall be inserted at the end of the heading.

 

Forms of Statement of Protection and Remedies Available under the Consumer Credit Act 1974 to Debtors under Regulated Consumer Credit Agreements

 

All types.

MISSING PAYMENTS Missing payments could have severe consequences and make obtaining credit more difficult.

 

All agreements which are secured on land. YOUR HOME MAY BE REPOSSESSED Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

 

Basically what I make out of the above is that your loan agreement must contain these statements in them. My loan agreement which I have looked through with a fine toothecomb has nothing whatsoever relating to the above. Just another few things to point out to my solicitor, who incidentally I have heard nothing from since 2 weeks.

 

There is no reference to missing payments nor my home may be repossessed if I do not keep up my payments on my loan agreement, also the legal charge does not have my Land Registry Number on there. My loan agreement is stated that it is a mortgage agreement but I did not take out a mortgage. I took out a secured loan.

My loan agreement refers to me as the mortgagor. I am still waiting to see what my solicitor has to respond with all the questions I have sent him.

 

These are just more points that need to be addressed and I am doing a lot of research myself, in case my solicitor comes back with not much hope.

Edited March 7, 2010 by frettful38

[pkelly]

Hi all you legal eagles looking in, in case your all new to some of the stuff I posted ages ago here it is again it help shed light on whats going on just now,

Southern Pacific Mortgages which is owned by Lehman Brothers investment bank was forced to buy back £13m of mortgages it had sold on after discovering they had all been sold fraudulently

Embargoed until 24 th April 2007 Swift announce appointment of Nigel Ingram as Chief Operations Officer Swift Group, the specialist mortgage and loans lender, has announced that Nigel Ingram is to join as Chief Operations Officer next month taking over the responsibilities from retiring Managing Director, Bernard Barwick. John Webster, Chief Executive of Swift Group said; "I'd firstly like to pay tribute to Bernard and his outstanding work at Swift Group. He has made a significant and meaningful contribution towards building the business into the success it is today. Unfortunately as these changes are announced Bernard has found, quite by chance, that he needs major surgery and so his plans for more time in the sun have been delayed. Nevertheless Bernard has been looking forward to his long-planned retirement and he leaves with the best wishes and thanks of everyone at Swift. "I'm also delighted to announce the appointment of Nigel Ingram who will be taking over control of a number of the crucial operational elements of the business. Nigel joins us from Lehman Brothers where he has been since 2005. He joined Preferred Mortgages as Chief Operations Officer and was subsequently appointed to the Mortgage Capital Division Executive of Lehman looking after operational affairs of Southern Pacific Mortgages and London Mortgage Company, as well as Preferred. Nigel's previous roles have also included positions with Portman Building Society, Royal Bank of Scotland, Master Card, NatWest and KPMG Consulting. " "Although Bernard will step down from his current role we shall continue to maintain access to his extensive industry knowledge and experience as he will remain on the board of directors in a non-executive position. " ENDS For further information, please contact: John Webster CEO - The Swift Group 0845 072 8902 / 07879 618190 Richard Hurst - RCH Communications0774 705 0 706

[pkelly]

John Webster Chief Executive of Swift Group ???????

Nigel joins us from Lehman Brothers well he has gone now

KPMG Consulting do the books for ? 8)

well thats another story for after the big bang,

[Smarterchick]

Ah Mrs Kelly, doesn't that warm the cockles of ya heart along with a nice pint of the ole black nectar!

[pkelly]

Lehman Brothers Group were once consisted of Southern Pacific Mortgages, Preferred Mortgages, the London Mortgage Company. SO how many of you got a loan from our friends the swift bunch after they offered you a better loan than either one of this lot ????

or been off loaded to swift after getting into debt only to go to swift?

now why would swift want someone on their books who were already having trouble paying their previous loan???

and why again would their other loan friends then be given your number so they could offer you a better deal?

1 plus 1 =, ? sorry swift 1st + swift first = the swift group

things just dont add up.