Swift Advances. Secured Loan Charges reclaim

[frettful38]

HI fretful,

 

I think if you check back I made you and several others aware of this some time ago (12 months maybe) and for you to formulate your Defence around these issues.

 

On a different subject.

 

Can anyone tell me if they have a FIRST charge secured regulated loan agreement with Swift Advances Plc under £25,000.

 

sparkie

 

 

Thanks sparkie, do you have a link where I could get more information regarding this please?

[busterg]

Any comments on the above from anyone please?

 

Hi F38

 

Leave it with me. Should be able to get some kind of answer early in the week.

[Sparkie1723]

Want some detective work done if folks can help.

 

Check out The Kestrel Group Ltd...........Reg No 00527263 it would seem that in 1994 they took over the company by the name of guess who.................Kestrel ( Holdings) Ltd.

This Kestrel Group Ltd are active, trading, and make paper products and plastic wrapping products.

 

Now if they took over Kestrel (Holdings) Ltd in 1994.

If you check Kestrel (Holdings) Ltd with companies house you come up with Kestrel Holdings Ltd . They are the owners / ultimate parent company of Swift Advances Plc and all the other companies listed.

 

The Kestrel Holdings that Kestrel Holdings (The SWift Lot) say they own is doing it criminally..... as a company name that has been used before cannot be used again OR so I'm LED to believe.

 

Want help checking all this it's a biggie if I'm right. give me a bell busterg lost your number when I lost aol connection.......I'm temporary on O2

sparkie

Edited March 7, 2010 by Sparkie1723

[frettful38]

Hi F38

 

Leave it with me. Should be able to get some kind of answer early in the week.

 

Thanks busterg I looki forward to hearing from you.

[busterg]

Thanks busterg I looki forward to hearing from you.

 

No worries - as soon as I can.

[Sparkie1723]

Re my post 2583.

 

Rang Companies House ............they said a company's name that is no longer in use can be used by someone else provided strict criteria has been met .......looks like it is OK .but I am still checking that it has all been done correctly, ...........The name Swift Advances Holdings Ltd was only use for 10 days or so before they changed it to Kestrel Holdings Ltd, they had to do that because Swift Advances was just a trading Style.

[Sparkie1723]

Up Date my e-mail to Mr Webster has been opened further 25 times or more this afternoon making it being opened 91 times;)

Telling him he has an unexpected trip coming up soon:)

 

sparkie

[sweetjane]

Just combing through my Swift Advances plc file and note that my broker sent me a copy of the agreement 1 day before the final copy for signature - the agreement states that you should have a copy "7 days ago". Also just confirming an interest hike 6/7 weeks after loan commenced. SJ

[sweetjane]

Am I imagining it or have Swift been changing/updating their website with more "consumer friendly" stuff recently? Do you think maybe the OFT are "working with them" to improve things?

https://www.swift.co.uk/difficulties.asp#first

SJ

[Smarterchick]

Well if they are they should look at their licenses as Swift Group and Swift Advances are not names they can use. In fact Swift Advances on its own is licensed to a company called Swift Financial UK Ltd and "sweet 'Jane ' all" (sorry ) to do with Swift Advances Plc. Lets hope the OFT spot that one, MI6 have!

[Sparkie1723]

Well if they are they should look at their licenses as Swift Group and Swift Advances are not names they can use. In fact Swift Advances on its own is licensed to a company called Swift Financial UK Ltd and "sweet 'Jane ' all" (sorry ) to do with Swift Advances Plc. Lets hope the OFT spot that one, MI6 have!

 

The thing is the Swift Financial UK Ltd Licence lapsed in 2009......But that company was not registered with conpanies house or so I am led to believe..............it also looks like the OFT are behind this latest "get out of Jail" crap with the new stuff on their web site...........also anyone noticed that at the bottom they have left out "Swift Advances is a trading style of Swift Advances Plc???????"

 

PS Everyone should still keep demanding the underwriting sheet......that's where the damming evidence of the secret commission is, ....and everyone should make the OFT aware of this fact and that Swift refuse continually to supply it

 

sparkie

[Sparkie1723]

Am posting this everywhere

 

Taken from Decembers Ruling by High Court ( Judge Waksman)

 

Secret Commissions

 

Ordinarily, the introducer or broker will be treated as an agent of the borrower. As such they owe a fiduciary duty to their client including the duty not to make a secret profit.

 

 

Provided that it is disclosed to the client, there is nothing wrong in principle in an intermediary charging a broker’s fee. However, the commission must be disclosed and a general statement that “a commission may be paid in certain circumstances” is not adequate.

 

 

The receipt of a secret commission by a broker is a species of fraud and is actionable both against the broker or introducer and the lender who paid the secret commission.

 

 

In the Court of Appeal case of Hurstanger v Wilson [2007] EWCA Civ 299, Lord Justice Tuckey commented as follows:

 

1. Obviously if there has been no disclosure the agent will have received a secret commission. This is a blatant breach of fiduciary duty but additionally the payment or receipt of a secret commission is considered to be a form of bribe and is treated in the authorities as a special category of fraud in which it is unnecessary to prove motive, inducement or loss up to the amount of the bribe. The principal has alternative remedies against both the briber and the agent for the money had and received where he can recover the amount of the bribe or for the damages for fraud where he can recover the amount of any actual loss sustained by entering into the transaction in respect of which the bribe was given (Mahesan v Malaya’s Housing Society [1979] AC 374, 383). Furthermore the transaction is voidable at the election of the principal who can rescind it . . . (Panama & South Pacific Telegraph Co v India Rubber, Gutta Percher and Telegraph Co [1875] 9 Ch App 515, 527, 532-3).”
   

Mr Mark White stated quite clearly and categorially under oath in my court case that Swift DO NOT pay commission as such. What can be more secret than that, when I can prove they do pay commission and BIG commission payments.

 

This means that anyone who's broker has gone bust can sue Swift direct

 

 

sparkie

Edited March 13, 2010 by Sparkie1723

[pkelly]

Swift Advances is a niche lending business providing secured housing loans to borrowers in the UK. Based in Essex, Kestrel is the holding company for Swift Advances.

Alchemy Board Representatives : Dominic Slade and Paul Bridges

why not ring in again to swift`s switchboard and ask for this Kestrel outfit, Mr Webster stated that its the same number as swifts,

even email Paul or Dom ask them do they or their shareholders know where to contact a kestrel member of staff, shareholders dont like this type of thing??

[pkelly]

Powered by Google Docs

 

Remember to ring Swift to ask Mark White to explain some of his court statements, or email him ?

Edited March 15, 2010 by pkelly

[pkelly]

[email protected]

why not send your problems direct to Mark White himself just found this emaill address on the net

[Sparkie1723]

Powered by Google Docs

 

Swift Group is a trade name of Swift Advances plc so it says on this prize? I wonder who won it,

 

We should all send Mr Blocksidge the link to this Advert and Mr Webster....with special note that The Swift Group is another trading style of Swift Advances Plc.........................NOT LICENSED TO CARRY OUT CCA BUSINESS

 

sparkie

[andrew1]

We should all send Mr Blocksidge the link to this Advert and Mr Webster....with special note that The Swift Group is another trading style of Swift Advances Plc.........................NOT LICENSED TO CARRY OUT CCA BUSINESS

 

sparkie

 

Don't you just love the small print: right at the bottom of the page of that Ad...

 

SWIFT GROUP, ARCADIA HOUSE, WARLEY HILL BUSINESS PARK, BRENTWOOD, ESSEX CM13 3BE TELEPHONE: 0845 0748800 FAX: 0845 0729009

 

This is not a consumer advertisement and is not to be shown to existing or potential customers. Information correct at time of going to print. Telephone calls may be recorded for training and security purposes.

Swift Group is a trade name of Swift Advances plc.

[Tophat]

Swift are changing, for months I have asked them to reduce my monthly payment as I am in hardsh, they have refused up till this month.Phoned to say thatI had made normal payment but still couldn't make additional payment and was told to fill in an expenditure form and they would look at reducing my monthly payment.

CAB are also looking over the agreement for me.

 

Keep up the good fight

[Sparkie1723]

It looks as f they are trying to show that they are not who they say they are and are trying to pull the wool over the eyes of OFT.....and I wonder if the OFT will in fact "chicken out" from taking the action they should ....take their license off them.

 

It looks as if the OFT may be convinced that Swift will tell them they will behave...what about all the people who have lost their homes by the criminal activities of Swift Advances Plc and Swift 1st Ltd....I just wonder that's all

 

sparkie

[sweetjane]

Tophat

I would recommend you ask CAB to do their own FINANCIAL STATEMENT with you to confirm your hardship. This can be shown to any creditor and is an industry accepted form which all companies should accept. It saves endless hours filling in many forms for different companies. They will also help you prioritise your debts. Good luck SJ

[Sparkie1723]

Don't you just love the small print: right at the bottom of the page of that Ad...

 

SWIFT GROUP, ARCADIA HOUSE, WARLEY HILL BUSINESS PARK, BRENTWOOD, ESSEX CM13 3BE TELEPHONE: 0845 0748800 FAX: 0845 0729009

 

This is not a consumer advertisement and is not to be shown to existing or potential customers. Information correct at time of going to print. Telephone calls may be recorded for training and security purposes.

Swift Group is a trade name of Swift Advances plc.

 

 

Have sent Mr Blocksidge a litle e-mail with the link about the SWIFT GROUP

 

Dear Mr Blocksidge,

 

I would ask you to view this internet link ......Powered by Google Docs it is an advert put out by "THE SWIFT GROUP" and a mortgage company First Mortgage Options. Brokers/AGENTS of Swift....... as you are aware there is no such entity in this country as The Swift Group..I have already made the real "Swift Group" in America aware that Swift Advances Plc are using their good name in the involvement in more than Irregular financial activities in this country.

 

I trust that the OFT will bear this in mind also, that it states quite clearly that the Swift Group is a trading name of Swift Advances plc, which again as pointed out before, is not a name on Swift Advances Plc CCA license issued by your office

 

 

 

sparkie

Edited March 14, 2010 by Sparkie1723

[determindator]

Up Date my e-mail to Mr Webster has been opened further 25 times or more this afternoon making it being opened 91 times;)

Telling him he has an unexpected trip coming up soon:)

 

sparkie

 

Hello Sparkie,

 

Can you link or guide me to this email please, also I think we may have a questionable poster on here.

 

Many thanks

[Sparkie1723]

Maybe just maybe ........they have at last decided to talk to each other????

 

If anyone can think of where else this can be posted for the benefit of all members please copy and post it

sparkie

 

sparkie

 

The City watchdog announced plans to launch a new committee to spot problems in the financial services sector before they affect large numbers of consumers.

 

The Financial Services Authority is proposing joining forces with the Office of Fair Trading and the Financial Ombudsman Service to form a new consumer protection committee.

 

The committee would look out for sales practices or product designs which have the potential to turn into mis-selling scandals or create widespread consumer detriment.

 

The move would update the current "wider implications process" under which the three groups come together to tackle financial issues that fall into all of their areas and are affecting a large number of consumers.

But the process is often only triggered once a significant number of people have already been affected.

 

The wider implications process has recently been used to look at issues including unauthorised overdraft charges, the sale of payment protection insurance and the plight of policyholders in closed with-profits funds.

 

Sheila Nicoll, FSA director of conduct policy, said: "The co-ordination committee is a clear indication of the intention and will of the authorities to work even more closely together to improve the experience of consumers, and to avoid problems happening in the first place."

 

Ray Watson, OFT director of consumer credit, said: "Identifying and dealing with problems at an early stage is important for ensuring consumers do not suffer unnecessary harm from financial products.

 

"We believe that the proposals for a new co-ordination committee and the focus on risk will improve our ability to deal with problems before they become widespread."

[Sparkie1723]

Everyone shuld continue their pressure on the OFT and the FSA.........

I am just sending this e-mail off to Mr David Blocksidge

 

Dear Mr Blocksidge

 

Could you or your office please confirm once and for all that it is a legal requirement for the following trading styles and names that are being used by Swift Advances Plc are names and styles to be shown on their license issued by the OFT to conduct Consumer Credit Business..

1.…“Swift Advances”

2.…“The Swift Group”

3.…“Eastern Counselling Services”

4.…“Swift Group Legal Services”

5.… “Swift”

And can you confirm that Swift First Limited can be known as the same company as Swift 1st Limited as far as licensing reference is concerned.

 

I also ask you to refer to the last e-mail I sent to you regarding the internet advertisement put out by Swift Advances Plc/ Swift Group????, and ask you to look closely at the bottom information notes....and make a note of what it says ;

SWIFT GROUP, ARCADIA HOUSE, WARLEY HILL BUSINESS PARK, BRENTWOOD, ESSEX CM13 3BE TELEPHONE: 0845 0748800 FAX: 0845 0729009

 

This is not a consumer advertisement and is not to be shown to existing or potential customers.

 

 

Yours sincerely

Edited March 15, 2010 by Sparkie1723

[Sparkie1723]

I hope everyone realises the full consequences and implications of the answer back from the OFT.

 

If the answer is yes , that is correct.....anyone and everyone that has had correspondence with the names of any of these trading names and styles can claim that they were issued whilst a criminal offence was being committed and the law says no -one should gain from a criminal act being committed.........lets just wait and see.......If say.... you have a letter with the heading Swift Advances and they have demanded money from you then Swift Advances Plc have committe a criminal offence using a trading name/style that has not got a license to carry out CCA related business.......if you have a letter headed the Swift Group demanding money then that also is another criminal offence that has been committed by Swift Advances Plc using a trading name that is not licensed again for the same reason.

 

The biggest one is at the bottom of some CCA agreements is the trading style of "Swift Advances"............at the bottom of mineis the logo and trading style name of "Swift".

 

This will mean that they have been arranged by these two trading style names which are not licensed to carry out CCA business activities.

 

Comments ....thoughts ...notes etc etc welcomed even disagreements

 

sparkie

Edited March 15, 2010 by Sparkie1723