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    • I disagree with the charge and also the statements sent. Firstly I have not received any correspondence from DVLA especially a statutory notice dated 2/5/2024 or a notice 16/5/2024 voiding my licence if I had I would have responded within this timeframe. The only letter received was the single justice procedure notice dated the 29.5.2024 this was received on 4.6.2024. I also disagree with the statement that tax was dishonoured through invalid indemnity claim. I disagree that the licence be voided I purchased the vehicle in Jan 2024 from RDA car sales Pontefract with agreement to collect the car on the 28.1.2024. The garage taxed the vehicle on the 25.1.24 for eleven payments on direct debit  using my debit card on my behalf. £62.18 was the initial payment on 8.2.24  and £31 per month thereafter the second payment was 1.3.24.This would run from Jan 24 to Dec 24 and a total of £372.75, therefore the car was clearly taxed before  I took the car away After checking one of my vehicle apps  I could see the vehicle was showing as untaxed it later transpired that DVLA had cancelled my tax , without reason and I did not receive any correspondence from DVLA to state why it was cancelled or when. The original payment of £62.18 had gone through and verified by my bank Lloyds so this payment was not declined. I then set up the direct debit again straight away at my local post office branch on 15.2.2024 the first payment was £31 on 1.3.2024 and subsequent payments up to Feb 2025 with a total of £372.75 which was the same total as the original DD that was set up in Jan, Therefore I claimed the £62.18 back from my bank as an indemnity claim as this payment was from the original cancelled tax from DVLA and had been cancelled . I have checked my bank account at Lloyds and every payment since Jan 24  up to date has been taken with none rejected as follows: 8.2.24 - £62.15 1.3.24 - £31.09 2.4.24 - £31.06 1.5.24 - £31.06 3.6.23-£31.06 I have paper copies of the original DD set up conformation plus a breakdown of payments per month , and a paper copy of the second DD setup with breakdown of payments plus a receipt from the post office.I can also provide bank statements showing each payment to DVLA I also ask that my licence be reinstated due to the above  
    • You know hes had it when they call out those willing to say anything even claiming tories have reduced taxes on live tv AS Salmonella says: The Conservative Party must embrace Nigel Farage to “unite the right”, Suella Braverman has urged, following a disastrous few days for Rishi Sunak. The former home secretary told The Times there was “not much difference” between the new Reform UK leader’s policies and those of the Tories, as senior Conservatives start debating the future of the party. hers.   AND Goves replacement gets caught booking in an airbnb to claim he lives locally .. as of yesterday you can rent it yourself in late July - as he'll either be gone or claiming taxpayer funded expenses for a house Alongside pictures of himself entering a house, Mr McGuinness said Surrey Heath residents “rightly expect their MP to be a part of their community”. - So whens farage getting around to renting (and subletting) a clacton beach hut?   Gove’s replacement caught out on constituency house claim as home found on Airbnb WWW.INDEPENDENT.CO.UK Social media users quickly pointed out house Ed McGuinness had posted photos in was available to rent     As Douglas Ross says he'll stand down in scotland - if he wins a Westminster seat - such devotion.
    • I've completed a draft copy to defend and will post up here for review.  Looking over the dates and payments this all stemmed from DVLA cancelling in Feb , whereby I set up a new DD in Feb hence the overlap, why they cancelled when I paid originally in Jan I have no idea. Anyway now stuck with pending court action and a suspended licence . I am also firing off a letter to DVLa recorded disputing the licence revoke
    • Thank you both for your expert knowledge and understanding. You're fighting the good fight by standing up for people like me and others with limited knowledge of this stuff. I thank you. I know all my DVLA details are good. I recently (last year) renewed my license, and my car's V5 is current with the correct details; the same is valid for my partner. I'll continue to ignore the love letters 😂 and won't let it bother either me or my partner.  I'll revisit this post if/when I get a letter of claim.  F**k ém.
    • Please check back later on today for a fuller response and some edits
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Welcome Finance and settlement figure


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Hi Guys, I wonder if someone can help me please? Recently lost my job/business and have now decided to sell my house and get a fresh start. Unfortunately I have a couple of secured loans with Guess who? First Plus (2nd charge) and Welcome Finance as a (3rd Charge) which I took out some time a go for my business.

 

I have now sold my house but unfortunately there is a shortfall owing to Welcome Finance and I have prepared a letter to send offering them a full and final settlement which I believe is totally fair. This is based on the fact that in early 2005 I borrowed £22k and as of their recent so called settlement figure I still owe £21k even though I have paid them back more than £21k since 2006. The strange thing is that I believe their figure is wrong as in mid 2006, 17 months after I took out the loan I asked for an early settlement and they came back with an initial figure owing of £56k - £29K interest reversal and minus £5k for payments made, this left a balance of approx £22k which I can partly understand. However after a further 5 years and paying an additional £16k (total £21K) back. their latest settlement figure shows still £21k approx???? Is it me or am I going mad!!!

 

I have spoken to a very unhelpfull lady who said that they are not accepting short settlements, however she was not in a position I believe to say yes or no anyway.

 

If they do not accept this it means I will not be able to sell my house and will have to hand back the keys to the mortgage company and then proabably bankruptcy. I have explained to Welcome that if they do not accept my offer they wil end up getting nothing as a quick sale by the mortgage company would not get then anywhere near the sale I have accepted leaving them with nothing. Can they be that stupid???

 

Any help or advice on this guys would be appreciated. I have heard that postppj is a superstar when it comes to sortig this bunch of morons out, if so I could do with your help.

 

Cheers

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At the end of the day they will have no option other than accept the shortfall. Although they may pursue you later. However if the property has gone there is lttle they can do.

 

Welcome get hit with this one a regular basis as they regularly provided secured loans on a inflated valuation. The other thing is that they did not always register the security and this is something you should check.

 

Perhaps someone could come in and advise you how to check if the security is registered as I am Scottish based and not familiar with procedures outwith.

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Hi Crocdoc,

 

Thanks for the reply, the property has not gone yet and will not be able to go unless they release their charge on the property which is on the land registry as I have checked. The girl was adamant that they would not accept this as it is now not their policy to accept shortfalls? Which I think is absolutely bonkers. I have offered them over 50% of their over inflated balance, which still gives them a very healthy profit over all. These guys are a law unto themselves and I am seriously thinking about challenging their settlement. The only prob is it costs money to do this!!!

 

Thanks again for your help.

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Hi Guys, I wonder if someone can help me please? Recently lost my job/business and have now decided to sell my house and get a fresh start. Unfortunately I have a couple of secured loans with Guess who? First Plus (2nd charge) and Welcome Finance as a (3rd Charge) which I took out some time a go for my business.

 

I have now sold my house but unfortunately there is a shortfall owing to Welcome Finance and I have prepared a letter to send offering them a full and final settlement which I believe is totally fair. This is based on the fact that in early 2005 I borrowed £22k and as of their recent so called settlement figure I still owe £21k even though I have paid them back more than £21k since 2006. The strange thing is that I believe their figure is wrong as in mid 2006, 17 months after I took out the loan I asked for an early settlement and they came back with an initial figure owing of £56k - £29K interest reversal and minus £5k for payments made, this left a balance of approx £22k which I can partly understand. However after a further 5 years and paying an additional £16k (total £21K) back. their latest settlement figure shows still £21k approx???? Is it me or am I going mad!!!

 

I have spoken to a very unhelpfull lady who said that they are not accepting short settlements, however she was not in a position I believe to say yes or no anyway.

 

If they do not accept this it means I will not be able to sell my house and will have to hand back the keys to the mortgage company and then proabably bankruptcy. I have explained to Welcome that if they do not accept my offer they wil end up getting nothing as a quick sale by the mortgage company would not get then anywhere near the sale I have accepted leaving them with nothing. Can they be that stupid???

 

Any help or advice on this guys would be appreciated. I have heard that postppj is a superstar when it comes to sortig this bunch of morons out, if so I could do with your help.

 

Cheers

 

Hi mateback in 2006 I was in exactly the same situation. Mortgage with Northern Rock, 2nd charge also with Northern Rock, 3rd charge with Welcome Finance. I was in financial dicciculty and sold my property too. I paid the mortgage, first charge and most of the second charge but was left with around a £5k balance with Welcome Finance.They had no choice but to accept this and in the end the remaining balance was paid as an unsecured loan for a period of time. Its worth noting however that after paying it back for a couple of years, I managed to get £3k of this written off, because I claimed the PPI from the loan against Welcome and won. Have a look and see if your eligible.Best of luck

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Hi Edinburgh 7,

 

Thanks for the reply, do you mind me asking did Welcome release the charge with out any payment and then turn it in to an unsecured loan? As I was led to believe that they could stop the sale of the property? Or do they have no choice but to release the charge?

 

Cheers

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Hi Edinburgh 7,

 

Thanks for the reply, do you mind me asking did Welcome release the charge with out any payment and then turn it in to an unsecured loan? As I was led to believe that they could stop the sale of the property? Or do they have no choice but to release the charge?

 

Cheers

 

In all honesty mate, they didnt even question it. I told them if I didnt sell then Id go bankrupt, the house would be reposessed and they would get nothing. As it is I wold the house and paid them about £22k with the £5k being left over. No unsecured loan was drawn up, it just sort of worked out that way. There were no additional charges and the interest on the remaining balance was frozen.

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Hi Geezey

 

I spoke to my local branch of Welcome yesterday and wanted to speak to them about a settlement ( i owe just under 4100 in arrears which is the total debt). I was wanting to offer them about 50% but got told by the office that they were not accepting settlements anymore....Is this the case or do you think it is worth offering them a figure...

 

Really want to get rid of this debt!!

 

Thank you

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Hi Jimjo,

 

I know how you feel as have had mixed messages from Welcome regarding settlement figures. All I can say is that in my situation if they don't accept the settlement and release the charge on my house then I will go bankrupt and they will get absolutely nothing.

 

I have spoken to my solicitor who is dealing with my house sale and he thinks it would be absolutely crazy for them not to take up my offer, knowing that the alternative is £0 instead of over £10K. Plus the fact that their parent company is in serious financial trouble.

 

However I would say to you that unless you are in a position that if they do not accept a reduced settlement it would mean you going bankrupt or doing a debt relief order, then there is no advantage to them in accepting your offer they may as well just carry on pursuing you.

 

 

I would also look at the thread response below from Edinburgh 7 as he has had some joy doing this.

 

On a final note I am in the process of trying to get my settlement figure worked out correctly in acccordence with the consumer credit act relating to settlement figures as I believe Welcome may be trying to pull a fast one with many of its customers. Will keep the forum up to date.

 

Good luck.

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