House repossessed 19 years ago

[woodmio]

Hi Surfer01

That would have been nice at the time but when I took out the mortgage they were more bothered about selling mortgages than insurance.

I was also in a "safe" job with the coal board and didn't think I'd need one. What a difference a few years and a change of government can make, at least now I've gained a first class degree in hindsight.

[firstship]

The information provided falls far short of what is required in response to a SAR.

 

Advise ARUK you require all information regarding the Repossession,all letter's.statements,valuations,the price the house as sold for,all solicitor's correspondence, interest charges and until you receive this information from them all payments will cease as you feel you have paid far more than is required

 

Use the CitizenB letter on page 13 of this thread and amend as required

 

FS

[woodmio]

Thanks firstship,

I will have a look at Citizenb's letter and probably send it when I've doctored it to suit.

 

In the meantime how will it affect my case if I did stop payments as

 

I have received nothing more than court threats and I don't want to adversely affect any future court case.

 

Also as mentioned in an earlier thread my loan was taken out with a firm called J & J Securities

but the doc Ive received from Asset Recoveries

 

shows part of an application from afirm Ive never heard of called Midland and General securities.

 

Any ideas??

[woodmio]

Hello again

It just got weirder.

 

I've looked up midland and general securities on t'web and

 

they were incorporated 28th March 1996

(2 years after our house was repossessed)

 

and dissolved on 19 september 2000

 

so where do they come in to the equation????

[citizenB]

I agree that they appear not to understand that the Request is indeed a request for ALL data in connection with your relationship with them. However, the following SAR is specifically for mortgages, so you can adapt this for your needs and return it. Any more nonsense from them, then you will need to make a complaint to the Information Commissioner.

 

I suspect that not making payments might well cause them to become unpleasant. I will send out an S.O.S for you.

 

 

Your Address

 

 

 

 

 

By recorded delivery

 

 

 

Date:

 

Lender’s address

 

 

 

 

 

 

 

 

Subject access request

 

 

 

Please supply me with all data that you hold on me. This includes in particular, but is not limited to, the following:-

 

Specific details of the handling of the marketing and sale of the property after possession:

 

1. Details of the agent(s) responsible for marketing the property, a list of the offers received and how they were reviewed.

 

2. Copies of any newspaper or internet advertisements relating to the sale of the property.

 

3. Copies of the valuations received on the property (minimum of two is required under the CML rules).

 

4. Selling agent’s report on activity and any reports relating to visits to the property to ensure security of the property.

 

5. If the property was sold under value please provide reports and supporting evidence to prove that the best offer was obtained.

 

6. If the property was sold at auction, please provide reports to support the decision to sell at auction.

 

7. Specific details of the fees or charges levied by any other agency in respect of this account and a detailed breakdown of said fees or charges and what each charge relates to and on what date said fees or charges were levied.

 

8. A genuine copy of any notice of fair use of my data as required by the Data Protection act 1978.

 

9. A list of third party agencies to whom you have disclosed my personal data and a summary of the nature of the information you have disclosed.

 

 

I enclose the statutory maximum fee of £10. You have 40 calendar days in which to comply.

 

Yours faithfully,

 

XXXXXXXXXXXX

 

 

 

Enc. Statutory fee £10 – postal order number:

 

 

[woodmio]

CitizenB ,

What can I say, the site team are marvellous, excellent advice,non judgemental and when required a

sense of humour.Needless to say it will be done and posted tomorrow.Will update tomorrow.

[woodmio]

Hi Folks

SAR form completed and will be sent recorded delivery tomorrow.

[woodmio]

Hi Guys

Heard nothing from Asset Recovery for months and

 

now Ive received 2 letters on returning from a recuperation holiday.

 

Ive uploaded the letters.

 

The second letter seems more threatening,

 

so any input would be appreciated.

[caro]

Did you sar them?

[firstship]

woodmio what was the response to your SAR request back in September????????

 

FS

[Ell-enn]

Do you know what the amount of shortfall was at the time of repossession?

 

I would imagine that, given it's 20 years since the original order for possession, they would need to apply to the court for permission to enforce that original order.

[woodmio]

Hi guys

I sent the SAR and t

 

hey pretty much repudiated that they needed to give me any more information.

 

I have found some of the correspondence but am missing one letter.

 

I will search for it tommorrow and upload it asap.

 

I think the missus has filed it instead of me so it will be in a "safe" place

 

.If not I will upload the relevent letters I have found.

 

What I sent was a SAR along the lines of Citizen B's form on this thread 27th Sept 2013.

 

Keep up the good work guys and thanks.

[caro]

Have you still been paying?

[woodmio]

Yes I,ve not missed a payment since I started.

[Ell-enn]

How much do you think you've paid them since the repo and how much was the shortfall originally ?

[woodmio]

Hi Team

I'll give you all the new info that Ive managed to find.

 

I'm sure there is another letter missing which I will search for and upload.

 

They also sent me a payment statement showing I have not missed a payment since the account was "handed" to them on 01/10/2000.

 

Opening balance shown £12,507.59.The current balance is £11,772.59.

 

Please read the uploads and give me your views.

[woodmio]

Sorry Guys my maths are out; Current balance is £11,717.59.

[caro]

So it's gone down about £800 in 14 years?

[woodmio]

Yes from year 2000 to date.

 

Various reasons,

 

one being that at that time that I had a familly of five to house and feed.

 

I had to borrow heavily from familly and friends and was self employed with a struggling business.

 

As my situation improved slightly over the next years I

 

have spent my extra resources on repaying those who helped me out when I needed it.

[woodmio]

Hi guys

Any feedback on the docs I uploaded on July 10th especially Doc 3 and 3b.

 

I am not going to put a voluntary charge on my property as Having lost one property to repossession

 

no robbing debt collection agency is going to get another bite at that cherry.

 

Thanks guys.

[caro]

Are you in a position to get some money together to make an offer for full and final settlement. Maybe start with an offer of 20% but you may need to settle for more.

 

Also, do you have equity in your current property? If you were assured they wouldn't force sale, would a charge be the end of the world? I'm not saying you should agree to a charge but consider if it might be an option.

[woodmio]

Hi Caro,

 

Sorry to take so long to reply but Ive been reviewing my options.

 

I finished work in December on health grounds and I officially retired in March being an official recycled teenager.

 

I do have a limited amount of savings but if I cut into these they would be irrepaceable on my pension.

 

There is equity in my house but

having one house repossesed there is absolutely no way I'm going to put another property in the hands of these people.

 

One thing that does have me puzzled though is that in thread 27

I received a copy of one page of a loan application form from a firm called Midland and General Securities Ltd.

 

I've done a bit of research and this firm was incorporated on 28 03 1996

two years after we were evicted on 19 Dec 2000.

 

I never took out a loan with this company and have no knowledge of any dealings with them

 

The loan I took out was with J & J Securities and no mention was ever made of any other company being involved was made to me.

 

Any thoughts on this.

 

The document is incomplete but thats all they sent.

[caro]

Is there anything in what they've sent you that proves that the original amount of the shortfall is correct?

 

 

I've asked others in the site team for their input.

 

You could send a letter about the incomplete sar and/or contact the ico and tell them you have had no dealings with midland and general.

[caro]

Info courtesy of sti007.

 

I have just checked Companies House

 

MIDLAND & GENERAL SECURITIES LIMITED http://wck2.companieshouse.gov.uk//compdetails

MARCHANT HOUSE

PATTINGHAM ROAD WIGHTWICK

WOLVERHAMPTON

WEST MIDLANDS

WV6 8DD

Company No. 03179615

 

J. & J. SECURITIES LIMITED http://wck2.companieshouse.gov.uk//compdetails

1 TELFORD WAY

LUTON

LU1 1HT

Company No. 01335672

 

Both of these companies are Dissolved if these are the correct companies. (We need more info from the OP to confirm if it is these companies)

[caro]

Also courtesy of stu007.

 

Had a good look at the thread to try and get a timeline but difficult this is what I have:

 

1. Main mortgage Provider of Property and date taken out unknown?

2. J & J Securities Ltd - Secured Loan against Property taken out unknown?

3. Knowle Portfilio Investments - Assigned in November 2000

4. Asset Recovery UK - Acting on behalf of Client Knowle Portfolio Investments from unknown?