Swift Advances. Secured Loan Charges reclaim

[Sparkie1723]

TIE, you have said anyone can ask a question ...I have two to ask ...they are sensible constructive questions

1...Can you tell us how we can obtain the Mortgage Sale Agreement from Swift Advances plc and;

2...How can we obtain the Mortgage Administration Agreement from SWift Advances plc.

Normal requests made are ignored dismissed and questions about them avoided by Swift Advances plc

Thank you

 

sparkie

Edited August 3, 2010 by Sparkie1723
spelling mistakes

[pkelly]

guess who just cleared off sparkie when I came on

[pkelly]

sparkie ould mate guess the name of the breed of me wee bird up as my new picture

[Sparkie1723]

OHHHHHHHH pkelly,

You have caused TIE to leave before he has answered my questions

Wonder if it was because I asked you about your Swift "Group" holiday??

I don't know about a swift birdie .but you wind people up like a cuckoo clock

 

sparkie

Edited August 3, 2010 by Sparkie1723

[lesterlass]

TIE

 

Please look at my post 3562 and read through!!!!!!!!!!!!!!!

 

Then come back and post

 

Hopefully with something!!!!!!!

 

If you are an expert as you claim you are......

 

PROOVE it !!!!!!!!!!!!!!!!!!

 

Sparkie is wrong?

 

You have so much knowledge????

 

SO PROVE IT

 

You say you want to help?????????

 

YOU HAVE NOT POSTED ONE POSITIVE COMMENT!!!!!!!!!!!!!!!

 

LL

 

ps: BRING IT ON

[pkelly]

yep he pm ed me said he had to pack his bags he was off on a touring holiday not sure if its a campervan or a caravan he said he was off in:eek:

[Sparkie1723]

sparkie ould mate guess the name of the breed of me wee bird up as my new picture

 

Kenny the Kestrel??

[Sparkie1723]

Sorry for the banter folks but we have to unwind sometimes .....there is no-one who knows how serious the issues are than me and pkelly.......but you have have some light heartedness sometime or you are lost.

I would still like the answers to my two questions being TIE said he was a banker.

 

sparkie

[Gallahad]

I suspect that was a typo Sparkie

G

[pkelly]

OHHHHHHHH pkelly,

You have caused TIE to leave before he has answered my questions

Wonder if it was because I asked you about your Swift "Group" holiday??

I don't know about a swift birdie .but you wind people up like a cuckoo clock

 

sparkie

its a penguin sparkie I`ll narrow it down to one of 2 a king penguin or an emperor Penguins ~ Types

 

just home from a holiday sparkie in Brazil went on down a bit on a special trip and took some beautiful pics nothing but these wee birds and not a swift in site

[pkelly]

will catch up with you again matie still jetlagged I see you have a new playmate now TIE hang in there hes just playing hard to get nite

[Sparkie1723]

its a penguin sparkie I`ll narrow it down to one of 2 a king penguin or an emperor Penguins ~ Types

 

just home from a holiday sparkie in Brazil went on down a bit on a special trip and took some beautiful pics nothing but these wee birds and not a swift in site

 

Just to let folks know that the King and Emperor pkelly refers to are the two computer accounting and data systems that Swift Advances plc use for each and every account they hold.................that is I can assure you is 1000% accurate information.....ie a "sign" of double accounting.

 

sparkie

[Sparkie1723]

Just one final post before I go off to bed

The two questions I asked TIE on post 3585 are VERY important to all of us..........but getting hold of them is Extremely difficult nearly impossible ...but if they could be obtained they would answer lots of questions ....but no go so far ...but we will get there.

Sparkie

[determindator]

Well at least Tie admitted to being a Banker. Is there anything else Tie can help us with?

[Sparkie1723]

Hi everyone,

After all the commotion on the thread last night, I would like to point out …..especially to Andrew 1 and fretfull…About the OFT and regulated and unregulated agreements

fretfull said that an approach was made to Mr Blocksidge and she received a letter from him that said the OFT cannot and do not intervene in any single specific case.

That is correct and I received the same reply when I made my complaint in 2007………what Mr Blocksidge did not say …is that the OFT can and do intervene in cases where a complaint is made by a group of consumers, and a “Group” is widely considered to be more than 2 persons.

 

For everyone to be clear……… the OFT does involve itself in unregulated credit agreements….but the only regulations that are available for them to use are ...the UTCCC regs, the CPR,s ( Consumer Protection Regulations) and the Enterprise Act 2002.

 

The only credit agreements the OFT cannot intervene in are First charge mortgages, exempt agreements and High Net worth agreements.

I hope this helps folks understand a bit more about this

 

sparkie.

[andrew1]

Hi everyone,

After all the commotion on the thread last night, I would like to point out …..especially to Andrew 1 and fretfull…About the OFT and regulated and unregulated agreements

fretfull said that an approach was made to Mr Blocksidge and she received a letter from him that said the OFT cannot and do not intervene in any single specific case.

That is correct and I received the same reply when I made my complaint in 2007………what Mr Blocksidge did not say …is that the OFT can and do intervene in cases where a complaint is made by a group of consumers, and a “Group” is widely considered to be more than 2 persons.

 

For everyone to be clear……… the OFT does involve itself in unregulated credit agreements….but the only regulations that are available for them to use are ...the UTCCC regs, the CPR,s ( Consumer Protection Regulations) and the Enterprise Act 2002.

 

The only credit agreements the OFT cannot intervene in are First charge mortgages, exempt agreements and High Net worth agreements.

I hope this helps folks understand a bit more about this

 

sparkie.

 

Thank you for pointing this out Sparkie

[frettful38]

Thanks sparkie for that info too

[Guest takeiteasy]

The answer to your questions are easy Sparkie - you are not entitled to see them. They are contracts that are between the parties involved and are not public records. It's no different than asking to see the CEO's employment contract. It's confidential and privileged information. If you successfully sue to get them released in a court of law it's a different story. I can also tell you that having those agreements would not help you one ioda. Finally, there is nothing wrong with a company using two or more accounting programs. Most companies will have multiple programs in place. The accounts are signed off and lodged with Companies House. Again for your claims to be true it would require a conspiracy of epic proportions.

[Sparkie1723]

The answer to your questions are easy Sparkie - you are not entitled to see them. They are contracts that are between the parties involved and are not public records. It's no different than asking to see the CEO's employment contract. It's confidential and privileged information. If you successfully sue to get them released in a court of law it's a different story. I can also tell you that having those agreements would not help you one ioda. Finally, there is nothing wrong with a company using two or more accounting programs. Most companies will have multiple programs in place. The accounts are signed off and lodged with Companies House. Again for your claims to be true it would require a conspiracy of epic proportions.

 

Thank you for that information takeiteasy....my argument against this because I am a very transparent person ....if I had nothing to hide .......I would let anyone see what they asked for....if you thought I had drugs in my house you would be very welcome to search for them.............because I have nothing to hide..........if any one wanted to know how money I had ..ask me and I would tell them ...not that I have any Swift take it .......if someone asked me if I had been I prison and I had ......I would tell them.........it is only people who have things to hide ....hide them......but then I was brought up in a different era than you ...I lived on " Jam Butties" for most of the week.

 

Why are such documents not available as these would show exactly what Swift Advances plc actually do/did with the loans they sold/transferred/assigned......why keep it secret ....when and how they move these loans about......you may have heard that the FSA are taking action to stop securitisation ( which Swift DENY they do not do) so what do they do on these movements of deals and borrowings...these are the questions I ask........ if the answers were given I would more than likely be sitting with my feet up watching the Tele like most all other 73 year olds with my slippers on and my glass of milk.

But thank you for saying we are not entitled to see them ........that is the exact phrase Mr John Webster CEO of Swift Advances plc used when I requested a copy of the Title Indemnity Insurance....you must have learnt your banking skills in answering from the same LehmanBros he did.

 

sparkie

[Sparkie1723]

Again a question Takeiteasy you mention Company accounts lodged with companies house....can you explain why some of the accounts of the Kestrel Holdings Ltd (Group) lodged at companies house are unsigned? Is there also nothing wrong with that?

 

sparkie

[frettful38]

As Blemain claim that they operate similar to swift.....this is the response I received when I requested a copy of the Title Insurance from them.

 

One would have thought that it is a reasonable request seeing as the borrower is not only paying for this insurance solely for the benefit of the LENDER and NOT the Borrower, and the Borrower has this title insurance lumped on to the total loan and is to pay interest on top of this for the next 20 or years.

 

If this is not an unfair term then I don't know what is.

 

http://i450.photobucket.com/albums/qq223/sophiak_bucket/BFResponse4.jpg

[Guest takeiteasy]

I dont know about that Sparkie it's just the simple answer that would be used, why would they give you something that they dont have to? The agreements with third parties just aren't offered up for public consumption. They may chose not to share them with you because it specifically says they cant in the agreement and they would be in breach. You know by now that common sense doesn't apply. Yes, you and I would divulge everything to prove our point, they wont because they dont have to. Also from what I gather they do not securitise. If they did it would be in the public domain. You can easily check that.

[Sparkie1723]

Sorry takeiteasy... but thank you first............. you say that it is in the agreement that they would be in breach of it if they disclosed it………..how do we know that this specific term is in the agreement if we do not have sight of it…….more to the point how can you speak for Swift Advances plc, and this/these agreements and their content?

 

Have you seen that agreement to be able to say that term is in that/those two particular agreement(s)…you know quite well that there are many types of agreements ….even a comma or full stop can change the meaning of a term in any agreement…….and most importantly IS there a mortgage sale agreement and mortgage administration agreement in existence relating to the loans that were sold/transferred/assigned by the Swift Companies to the Kestrel Companies involved in such transactions….we do not know ……you do not know……..you are making assumptions based on what you think in exactly the same way as I have been doing and am doing……… without producing these agreements I have claimed Swift Advances plc are doing something wrong and as you said yourself……..they should be required and to prove I am wrong they should disclose it of their own free will………not conceall it ......that is my point……until I am actually proved wrong ….I will continue to say what I do say and claim……….there is something secret going on…..within these companies.

And finally as I have said the proper authorities ARE at last taking me seriously, they can see on the evidence I have produced there is validity for an investigation to be entered into……whether or not I am and have been right or wrong is now up to those authorities.

I have produced the documentary evidence to them that the same amount of money was borrowed on the same day from two different banks using two different presentors.

That is the main reason I question this to be more than likely double borrowing……….what is the reason to do this ….why not borrow the amounts from the one funder.

If I am wrong then I am wrong..........and I am entitled to a belief until I am actually proved wrong for all to see.

 

sparkie

Edited August 4, 2010 by Sparkie1723

[frettful38]

Very well put to the point sparkie and a very reasonable and logic thing to ask to in my opinion. If swift have nothing to hide then they should have no problem or reason to supply the documentation that sparkie is requesting.

 

This matter could have been easily sorted out right from the beginning if swift co-operated but like many I know it seems they would rather cut off their nose to spite their face, the only thing that I see happening as I did with my case is that the longer this case drags on the more worms are going to come out of the woodwork or is that more skeletons are going to come out of the closet , for swift that is of course.

[Guest takeiteasy]

I didn't say I had any knowledge whatsoever about the agreements. I only said why I think they wont show them to you. I did not say it would be a breach, I said it may be a breach. Usually mortgage credit agreements have a clause that specifically allows the lender to sell or transfer the debt to another company. Do the Swift agreements state this? Have you searched the public records to see if Swift have securitised in the past?

 

As for your question about the unsigned accounts at Companies House I don't know the answer to that. Is it common practice for Companies House to accept unsigned accounts? Do you think by not signing the accounts it removes responsibility?

 

Is it not common for every company director to have directors insurance that amongst other things, cover them for things such as this?