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    • Hi All, before I start I know there are similar threads of the topic I am raising, and each, of course, has its own unique scenario, which may benefit others. My case is as follows: 1. I saw a gumtree ad on the 16th of Oct 2020 for a Mercedes E220 CDI, priced at 7,500 2. I called the seller and said I will come over on the 17th of Oct 2020 to view. 3. On the 17th of Oct 2020 I went to his place where he is working and viewed the car. He is working for a major car rental company. I checked the car and of course asked the normal things to ask e.g. any insurance write-offs, loans, accidents, etc. The seller said the car is clean etc.no loan, he had a loan but all is paid off etc. and he has the papers. 4. I negotiated the car price to 6,800 because the rims were showing some signs of damage, the rear light had a small burst, cosmetics, etc. I checked all but did not see any sign of damage to the car (it's a black car, the car was a bit dirty, and the sun was already setting in) 5. We agreed on 6,800 and decided to purchase the car. We went into his office, where I paid cash, and also got a Car Sales Invoice with all details of the seller, and a V5C green slip 6. I purchased car insurance and drove off. I asked him about Road Tax and he said Road tax is paid so I have not to worry, just need car insurance. 7. On 18th of Oct 2020 I cleaned the car interior because it was really dirty inside - it took me a few hours so decided to clean the exterior the next day 8. On the 19th of Oct 2020 I went to clean the exterior and after the car was clean I noticed some parts were resprayed. I became a bit suspicious; so on the 19th of Oct 2020 in the eve, I went on the internet and run an HPI check. The outcome from the HPI did not show any accidents, insurance write-off but an outstanding Loan with Moneybarn. At this point, I thought maybe the database is not updated, etc. 9. On the 20th of Oct 2020, morning, things were going through my mind; the seller said the car is clean, no issues, no loan since he settled all etc. but the HPI reports say there is still some outstanding loan. So what I did, I called Moneybarn, and explained the situation, and gave them the contract number as well (since it was displayed on the HPI report). They said they will send me a form by email, but they cannot share any information due to Data Protection (GDPR). fair enough I thought, but what made me boil, they said they OWN the car! So, I took the car and drove to the seller where he is working. I confronted him. He said don't worry, I will handle it, he has no time, he is very busy and bla bla bla. I said what reasons do I have to trust you, you lied, and now you say you still have a debt, etc. So I said I will not leave until he has settled the debt, or repay me my money. I also asked what is outstanding, he said around 7,000. Well, since I confronted him at his workplace he may have felt the heat, he assured he will settle all soon, I said sorry, I need a date, so I said you will settle the debt with Moneybarn by 23 Oct 2020, if not, you will refund me my money. He said Ok he will do it, so I said, since I don't trust you, you will sign a piece of paper, and sign it. On the paper, he wrote "I will clear the debt for the Mercedes by Friday" and signed it. I said I am not happy and added the debt details with contract number, and also a clause that if he fails to settle the debt with Moneybarn by Friday the 23rd of Oct 2020, he will refund me my money, 6,800, and sales of the car Mercedes, license plate, will be void. Also, I said to put an initial on each amendment I made with signature. He did, and I left. 10. On 22 Oct I sent him a message, to remind him to settle the debt by Friday 23 Oct 2020 noontime and also I outlined some legal jargon I had to sent that I received from citizensadvice. 11. On 23 Oct, morning time, I received a message from the seller, he said he will not/cannot refund me the money, not to visit him at his office or place, and that he feels threatened by me. 12. Now, the dilemma/headache; a). I received the form from Moneybarn on the 20th of Oct 2020 and I have to send it back within 7 days b). the seller send me a message he will not refund the money c). is the seller holding the title with Moneybarn or did he also buy and not knowing there is an outstanding loan on it d). did he sent the V5C to DVLA since I have the green slip? e). Shall I fill in the form and sent it to Moneybarn? f). If Moneybarn has all my details they may send someone to repossess the car? 13. I decided, I will not undertake anything yet, because my mind said, go there, confront him, park the car in front of the company since I purchased it there and signed all paperwork in their office, they will call the police, the police will come and surely will not do anything but will force me to remove the car and park somewhere else, record all on camera, take all evidence, sent to Moneybarn and at the same time to the seller's employer (when I asked him to sign a letter he will settle the debt by Friday 23rd of Oct 2020, he used a paper of the car rental company, and on the back, the logo of the rental company is displayed clearly and he may have acted on behalf of the company to sell me the car, after all, I don't know if he holds the title with Moneybarn - well, this is an excuse for me to even sue the car rental company, or blacklist him with the company he is working for since it seems he is some type of manager there and he may have acted in the capacity as a sales person to sell the car to me on behalf the company....). 14. So on the 23rd of Oct 2020, I didn't do anything like described under 13....it's not my style as such I called AWH solicitors, explained all, and they said one person is specialized in dealing with such cases and will call me back after studying my case and inform me if it is something they can fight or not. So they will call me Monday the 26th of Oct 2020. I also said I want to go now and confront the seller, but she said better wait till Monday, and if they can fight the case, they will tell me the next course of action - but my funds are limited and cannot afford a lengthy battle, because if no case against Moneybarn means I will have to sue the seller to the court which will cost me. The car has comprehensive insurance and with all this saga I added on the 20th of Oct 2020 also legal insurance on top. Lengthy story, but I am trying to be as detailed as I can, and yes I should have done an HPI before buying the car, but I am from Holland and car sales work there a bit different, and this is my first time I buy from a private seller. Well, once I have sent the form to Moneybarn, I will park the car in a garage, and at this stage, I am renting a room in a house (there is one more tenant). Since I am from Holland, I am planning a trip within 2 weeks to visit my family and I will drive down with the car and in the meanwhile wait if the solicitor can be of any help. I need some advice though, I am still planning to drive down to the seller on Tuesday after I talked with the solicitor, park the car in front of the company, and confront the seller, and try to record all. I will also try to make him sign a letter that I purchased the car in good faith from him (regardless if he holds the title with Moneybarn or not but at least I purchased in good faith from him). Evidence that I have: 1. Car sales invoice 2. Paper that I made him sign 3. Gumtree ad; I could retract this from google history, but the original add removed from gumtree. At least I can show it was advertised 4. I tried to create a history of past owners, total owners including me are 5. It seems the car was also posted on gumtree before by a company in Essex (I saw on google). The reason for doing this, it is very likely that the seller purchased the car from someone else with an outstanding loan. Since then I read a lot on the internet, so please any advice is welcome to pursue my case, I paid a lot and at least I want my money back. Also what I read so far, Moneybarn is not easy to deal with...thanks in advance for any advice I can use for my case.
    • Hi   I think you need to check not just the serial number but what Meter Point Reference Number (MPRN) as the MPRN is what is registered and energy supplier go off as well as the serial number.   So you need to see what the MPRN is as well as the energy supplier it is registered with.   If you look at this Ofgem link: https://www.ofgem.gov.uk/consumers/household-gas-and-electricity-guide/connections-and-moving-home/who-my-gas-or-electricity-supplier   In the above link to do this check it gives a link to:   Find My Supplier: https://www.findmysupplier.energy/webapp/index.html (note you may have to complete a captcha, then input your postcode only and click find my address, when the list comes up click on your exact address, you will then see you actual MPRN and the energy supplier linked to your address)   With the above make sure and take the details of the MPRN and the Energy Supplier, better still take a screenshot/pdf the webpage.   Please let use know if on doing the above it matches your current supplier?  
    • I had exactly the same issues.   Grossly over estimated bills from January onwards.  Despite what they claim, they are effectively taking an interest free loan from their customer base to keep the company in business.   They can dress it up how they like.  It’s irrelevant if they reconcile the bills the following month because they just over bill again thus keeping a rolling interest free loan.   it took two months of constant badgering to be finally moved to a fixed DD.   Once that was done I didn’t care how much they over-estimated by.   I had raised a query with the ombudsman over the billing fiasco and they readied a complaint should I wish to proceed.   I thought everything was sorted until May/June whereby I was allegedly more in debt then I was expecting to the tune of an extra months DD.   On querying it, it transpired that even though I was on a fixed monthly DD, because the bill was generated less than 5 days before the DD was due to be taken they didn’t take the DD.   They offered £5 compensation by way of apology but wanted to take two months DD in June.  I told them where to get off.   With appalling customer service,  bills that you need a Maths degree to follow, and I do have one and still struggled, inability to follow through on any agreements, constant gross over-estimation, the missed DD was the final straw and I proceeded with complaint to ombudsman.   Prior to getting to that stage I had to quote Symbio’s own complaints procedure to them to get any sort of response.   Their final offer to me was £25 goodwill and to waive an exit fee. The offer was derisory given the time it had taken to get things sorted and the continuing ineptitude.  Also, the whole thing has dragged on so long (5 months) I was already in the final 49 days of my contract and therefore there were no exit fees to pay and therefore nothing to waive.   Anyway, upshot is, ombudsman found in my favour.  Ordered an apology and a goodwill payment. Symbio appealed but were told the decision stood.   This week I received the goodwill payment.   I promptly left an honest and truthful review on trustpilot.   The next morning I received an email from Symbio with an apology.   This was followed an hour later with an email from trustpilot saying Symbio had replied to the review.  On reading the response they have accused me of not following procedure and of cyber bullying.   The company is a complete joke.
    • why not simply tell you supplier they have the wrong meter number you been paying for usage , and ofcourse you can view this online too so its not as if you'll owe anything you might get a nice surprise and find you are owed a refund.
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Bought car on new HP- still on HP with The Funding Corporation who want it back!!!


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Posting on here on behalf of my cousin who has just exchanged his car via the website pistonheads.

 

He got a telephone call as he had advertised it on pistonheads and the person said did he want to exchange his vehicle for the persons own? My cousin paid £250.00 plus his car for his car.

 

Then found out after a Finance company rang him that in fact the car still has hp on it at £6500.00!

 

The seller said it was the owner before him who had the hp on the car.

 

So where does he stand now? Can he keep the car as he bought it in good faith?

 

Can he sue the seller and get his car back?

 

He tried reporting it to the police but they did not want to know!!!

 

Also, is it legal to drive etc does he have to tell his insurance company that the car is currently in the middle of a hp dispute?

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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csi as far as i know. will check with my cousin back soon!

 

 

The problem you are going to have is not doing a HPI check. look at .gov website the tv add is shown 12 times a day on tv warning people of not doing one.

 

you will loose the car. so do this. go back to the guy you swopped the car with kick up such a fuss that the police are called then have them make statments (as you have already said the guy knew about the outstanding finance) and have it turned into fraud. but at least try and get your car back.

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The guy is in Leeds and my cousin lives in eastbourne. bit far to kick up a fuss!! shall I write to the police or go in to the police station with him to help him out. he was really toungetied the first time.

 

Should I write to the guy and threaten to sue him for mis-selling the vehicle. shouldnt the contract be declared void??

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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The guy is in Leeds and my cousin lives in eastbourne. bit far to kick up a fuss!! shall I write to the police or go in to the police station with him to help him out. he was really toungetied the first time.

 

Should I write to the guy and threaten to sue him for mis-selling the vehicle. shouldnt the contract be declared void??

 

 

was your car on finance ???.

 

the police will not do anything.

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no his car was completely his. i have being doing some reasearch and believe that he may be able to sue him for fraudulent misrepresentation but will do further research before writing to the guy.

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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no his car was completely his. i have being doing some reasearch and believe that he may be able to sue him for fraudulent misrepresentation but will do further research before writing to the guy.

 

 

before you waste your money. what do you mean by misrepresentation, did the add in the mag say this car has no finance. and did you drive to leeds to do the deal ???

 

fighting this though the courts and you WILL loose. no money changed hands. you did a swap. for what its going to cost you to get him to court will not be far off the price of the car. unless you cut your losses and go for £5000 though small claims court. (max you can at small claims) or see what the cost is doing a deal with the finance company for the car you have. i have said it many times on this forum HPI check covers you (even if not listed) for £29 you have lost £5k

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the guy said that the car had no finance and my cousin paid 250.00 on top of his car. However, the contract can be recissed on the basis that the contract is based on fraud and that the contract should be reversed as if it had never happened.

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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the guy said that the car had no finance and my cousin paid 250.00 on top of his car. However, the contract can be recissed on the basis that the contract is based on fraud and that the contract should be reversed as if it had never happened.

 

 

 

this is what i would say to you or any other solicitor did you do a HPI check.

 

the problem is the guy that swaped you cars has not broken any law you had protection from HPI but you wished not to do one.

 

i know this is stuff you dont want to hear but they are the facts you took a gamble.

 

there is one thing you can do is contact the finance company and see if they had informed the last owner of the outstanding finance on the car you swaped. (you need this in wrighting) it might help.

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Ok dont panic. Advise the finance company that you are an inocent purchaser and as such have good title to the vehicle. Under the Hire purchase act 1964 (look it up) good title is deemed to have passed if bought in good faith by an innocent purchaser.

 

The only problem you will have is if , your cousin knew it was on finance, should have known better (is a trader or dealer etc) paid an amount (in exchange or cash) that could be deemed below market value. Or that your couin knew the previous owner well.

 

If as in this case the person who you bought the vhciel of was also an innocent purchaser then you are the owner of the car.

 

Hp companies know this and you need to send them a letter recorded stating the above etc and advising them that you are the legal owner. this should stop them sending the repo agents out.

 

In summary it is now your car. They have some recourse but it will require proof that the original deal was fraudelent and a court order (very unlikely)

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This most excellent news. I have looked at the HP Act 1964 and am currently drafting a letter to the Finance company. I am going to quote sections 27 and 28(4) stating that title has passed in the utmost good faith and that any civil action will be defended vigirously on the basis that he was unaware of the outstanding hp. Will draft letter and may ask for some assistance in confirming its good.

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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This most excellent news. I have looked at the HP Act 1964 and am currently drafting a letter to the Finance company. I am going to quote sections 27 and 28(4) stating that title has passed in the utmost good faith and that any civil action will be defended vigirously on the basis that he was unaware of the outstanding hp. Will draft letter and may ask for some assistance in confirming its good.

 

 

Hi nutter. i think you need to see a solicitor before you send any letters. the HP act will not apply to you. you have some problems.

 

under hp aggrements you do have some protection with being a 3rd party. or buying in good faith.

 

what the finance are going to ask you for is how much you paid i.e did you pay well under book price and how much did you pay. they are going to see you paid £250 for a £6000 car. you have to be out of pocket to have bought under good faith. and a swap does not protect you.

 

the pistonhead mag has add all over it DO NOT SWAP. and you are not the first to fall into this [problem]. so please see a solicitor (not trading standards) to to see were you stand

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my cousin paid 250 and he swapped his other car as well. I have just finished drafting a letter and wonder if anyone can check it for me. however now having doubts about what is happening as seem to be receving conflicting advice here.

 

Letter displayed as below:

 

The Funding Corporation

International House

Kingsfield Court

Chester Business Park

Chester

CH4 9RF

 

RECORDED DELIVERY

 

Dear Sirs

 

Re: *vehicle reg no*

 

I write with reference to the above registered vehicle which was

purchased by myself on * date of purchase*. Please note that title of the vehicle has now passed to my by means of this sale and the vehicle is therefore legally owned by me.

 

The vehicle has been purchased in good faith and at no time did the owner selling the vehicle give me any reason to believe that he did not own the vehicle and assured me that no finance was outstanding on the vehicle.

 

In addition, in adverts advertising the sale of the vehicle no mention was made of any outstanding finance at the time. Evidence of the advert for the vehicle as displayed on the internet can be provided upon request.

 

I would draw your attention to section 27(1) of the Hire Purchase Act 1964 which states ‘the provisions of this section shall have effect where a motor vehicle has been let under a hire-purchase agreement, or has been agreed to be sold under a conditional sale agreement, and, at a time before the property in the vehicle has become vested in the hirer or buyer, he disposes of the vehicle to another person.

Your customer who originally purchased the vehicle on finance has disposed of the vehicle to another private purchaser who has bought the vehicle in good faith. I would also refer your attention to section 27(2) of the Hire Purchase act 1964 which states ‘where the disposition referred to in the preceding sub-section is to a private purchaser, and he is a purchaser of the motor vehicle in good faith and without notice of the hire-purchase agreement or conditional sale agreement, that disposition shall have effect as if the title of the owner or seller to the vehicle has been vested in the hirer or buyer immediately before the disposition’.

Therefore ownership of the vehicle has passed to me on this basis and I now hold legal title for it. Please confirm that you understand the current situation and advise you to speak to the original indivdual who purchased the vehicle using finance provided by yourself.

 

I look forward to hearing from you in due course.

 

Yours sincerely

 

Nutter192

If there are spelling mistakes on my posts, I blame the gremlins tapping my keys. :eek:

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my cousin paid 250 and he swapped his other car as well. I have just finished drafting a letter and wonder if anyone can check it for me. however now having doubts about what is happening as seem to be receving conflicting advice here.

 

Letter displayed as below:

 

The Funding Corporation

International House

Kingsfield Court

Chester Business Park

Chester

CH4 9RF

 

RECORDED DELIVERY

 

Dear Sirs

 

Re: *vehicle reg no*

 

I write with reference to the above registered vehicle which was

purchased by myself on * date of purchase*. Please note that title of the vehicle has now passed to my by means of this sale and the vehicle is therefore legally owned by me.

 

The vehicle has been purchased in good faith and at no time did the owner selling the vehicle give me any reason to believe that he did not own the vehicle and assured me that no finance was outstanding on the vehicle.

 

In addition, in adverts advertising the sale of the vehicle no mention was made of any outstanding finance at the time. Evidence of the advert for the vehicle as displayed on the internet can be provided upon request.

 

I would draw your attention to section 27(1) of the Hire Purchase Act 1964 which states ‘the provisions of this section shall have effect where a motor vehicle has been let under a hire-purchase agreement, or has been agreed to be sold under a conditional sale agreement, and, at a time before the property in the vehicle has become vested in the hirer or buyer, he disposes of the vehicle to another person.

 

Your customer who originally purchased the vehicle on finance has disposed of the vehicle to another private purchaser who has bought the vehicle in good faith. I would also refer your attention to section 27(2) of the Hire Purchase act 1964 which states ‘where the disposition referred to in the preceding sub-section is to a private purchaser, and he is a purchaser of the motor vehicle in good faith and without notice of the hire-purchase agreement or conditional sale agreement, that disposition shall have effect as if the title of the owner or seller to the vehicle has been vested in the hirer or buyer immediately before the disposition’.

 

Therefore ownership of the vehicle has passed to me on this basis and I now hold legal title for it. Please confirm that you understand the current situation and advise you to speak to the original indivdual who purchased the vehicle using finance provided by yourself.

 

I look forward to hearing from you in due course.

 

Yours sincerely

 

Nutter192

 

 

 

Hi nutter. please hold off from sending your letter. you will shoot yourself in the foot. buy all means send them a letter asking them for time and prof of finance and nothing else.

this is why you should not send your letter.

 

the Hire Purchase act 1964 which states ‘where the disposition referred to in the preceding sub-section is to a private purchaser, and he is a purchaser of the motor vehicle in good faith and without notice of the hire-purchase agreement or conditional sale agreement

the part were it says without notice of the hire purchase. (a HPI check would have told you) because you never did one the hire purchase act will not cover you. this is why i say dont send your letter.

at the moment just send a letter asking for details of the outstanding finance and extra time to sort it out. then on your car insurance you will have legal cover it might be worth giving them a call

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Doing or not doing an HPI does not make any difference. You are a private person who did not even by your own admission know that you needed to get a hpi done at the time of doing this deal to get a car.

 

You didnt pay £250 for the car you swapped your car and £250 for it and that part exchange is still value.

 

All I would add to the letter is that following advise you have been made aware of the hire purchase act etc. You need to make very clear that prior to this problem coming to light you were innocent of the fact that there might have been hp on it. There is no need to do an HPI that is a company that provide a service and is irrelevant the fact that they advertise a service does not give the financ e company a reason to win. Your letter is fine just ensure that you state catagorically that when you purchased the car the guy said it was clear of finance (that is enough in law to protect you) you didnt do an HPI check becauseyou didnt know what it was and there is no requirment to do so.

 

Further more if the guy you bought it from is not the original hirer then funding corp will need to go back to him as well.

 

Again doing or not doing a hpi is irrelevant they are just a company and you have no requiment to do so.

 

fund corp should have sent you out a questionaire regarding how you bought the car. Be careful filling it out but do so . The questions are worded to try and trip you up and admit you are not an innocent purchaser.

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Doing or not doing an HPI does not make any difference. You are a private person who did not even by your own admission know that you needed to get a hpi done at the time of doing this deal to get a car.

 

You didnt pay £250 for the car you swapped your car and £250 for it and that part exchange is still value.

 

All I would add to the letter is that following advise you have been made aware of the hire purchase act etc. You need to make very clear that prior to this problem coming to light you were innocent of the fact that there might have been hp on it. There is no need to do an HPI that is a company that provide a service and is irrelevant the fact that they advertise a service does not give the financ e company a reason to win. Your letter is fine just ensure that you state catagorically that when you purchased the car the guy said it was clear of finance (that is enough in law to protect you) you didnt do an HPI check becauseyou didnt know what it was and there is no requirment to do so.

 

Further more if the guy you bought it from is not the original hirer then funding corp will need to go back to him as well.

 

Again doing or not doing a hpi is irrelevant they are just a company and you have no requiment to do so.

 

fund corp should have sent you out a questionaire regarding how you bought the car. Be careful filling it out but do so . The questions are worded to try and trip you up and admit you are not an innocent purchaser.

 

 

 

YOU DO HAVE A REQUIMENT to do a HPI CHECK. OR LOOSE THE CAR it can not be made simpler. finance company do not have to register a car on the register but if a HPI was done then you are still covered.

 

now the fund corp will ask you how much you paid. the ans is £250 total. yes he swaped a car but he is only out of pocket £250. the finace company or fund corp are not going to let you keep a car worth £6250. swaping cars has NO protection at all. so would doing a hpi check of been worth it for £29 yes 1000% i am telling people to do hpi and you say no you dont have to.................. that is bad info

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YOU DO HAVE A REQUIMENT to do a HPI CHECK. OR LOOSE THE CAR it can not be made simpler. finance company do not have to register a car on the register but if a HPI was done then you are still covered. No you dont, why would an act of parliment have a requirement for a layman to use a pivate company in it? It might be a good idea for self protection but it is NOT required in law

 

now the fund corp will ask you how much you paid. the ans is £250 total. yes he swaped a car but he is only out of pocket £250. the finace company or fund corp are not going to let you keep a car worth £6250. swaping cars has NO protection at all. so would doing a hpi check of been worth it for £29 yes 1000% i am telling people to do hpi and you say no you dont have to.................. that is bad info The answer is not £250, its £250 plus his car and as long as the preceived value is ok then its fine and will stand up with finance company. Im not telling people not to do an HPI im pointing out that if they didnt it doesnt mean they are going to loose the car (innocent purchaser = good title) Of course you should do an HPI but you are not required by Law to do so and indeed regardless of adverts on TV most people still dont know what one is.

 

This guy has taken my advice, read up on the relevant act and probably learnt more than you seem to know and you say my info is poor. lets check experiance here. Whats yours? Ive spent 15 years working for car finance companies including a legal department for a national HP company sending out letters like those above to try and get these cars back.

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This guy has taken my advice, read up on the relevant act and probably learnt more than you seem to know and you say my info is poor. lets check experiance here. Whats yours? Ive spent 15 years working for car finance companies including a legal department for a national HP company sending out letters like those above to try and get these cars back.

 

 

 

 

why do you use hpi checker ???

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I feel for him mate i really, do, i posted a similare story few weeks ago, http://www.consumeractiongroup.co.uk/forum/vehicle-repossessions/263977-hpi-checks-dont-always.html#post3013162 i had done 2 hpi checks, the person whom originally took out the hp on the car had gone to live in spain, so no chance of sueing them, but after supplying the receipt from the seller and faxing them the hpi checks i had done, to the solicitors pursuing the debt, we now have received letters from the stating we are now the legal owners of the car and hsbc are pursuing them in a differant way. if he can prove it was bought in good faith it should be ok. Good luck.

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I feel for him mate i really, do, i posted a similare story few weeks ago, http://www.consumeractiongroup.co.uk/forum/vehicle-repossessions/263977-hpi-checks-dont-always.html#post3013162 i had done 2 hpi checks, the person whom originally took out the hp on the car had gone to live in spain, so no chance of sueing them, but after supplying the receipt from the seller and faxing them the hpi checks i had done, to the solicitors pursuing the debt, we now have received letters from the stating we are now the legal owners of the car and hsbc are pursuing them in a differant way. if he can prove it was bought in good faith it should be ok. Good luck.

 

 

Hi happy. so you were glad you done a hpi check. if you had not i think hsbc would have taken your car. this is what protected you. i am glad everything worked out for you. it is a stressful time that people should not go though.

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  • 6 years later...

i know this is an old thread but did the original poster get sorted, i need help asap!

 

i had my car on advertised for £7000 and got a text asking would i swap it for a newer car worth almost the same value, the ad had a hpi check on it but i paid for one of my own for peace of mind, it came back all clear, however i went to sell it on and someone done a hpi and it is saying there is outstanding finance and that the finance was taken out on october last year so there wont be very much of it paid, im worried the finance company can come and lift it as its in my name, its taxed and insured to my address, i cant get in contact with the guy i got it off his phone is dead but i do know the location of my old car but its not the guy that i swapped he must have sold it on.... do i call the police and tell them my car is stolen or do i contact the finance company and try and lay claim to the car

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Hello knighteen, welcome to CAG.

 

This thread dates back to 2010, you really need to start a new thread of your own please. The guys will be happy to help you. :)

 

My best, HB

Illegitimi non carborundum

 

 

 

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  • dx100uk changed the title to Bought car on new HP- still on HP with The Funding Corporation who want it back!!!
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