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    • I have had a secondary thought.  I borrowed £s from a completely separate entity 6y ago. It was personal and unsecured. I was going to repay upon sale of the property. But then repo and I couldn't.  Eventually they applied and got a charging order on the property.  Their lawyers wrote that if I didn't repay they may apply for an order for sale.  I'm not in control of the sale.  The lender won't agree to an order for sale.  The judge won't expedite it/ extract from trial.  Someone here on cag may or may not suggest I can apply for an order v the receiver?  But could I alternatively ask this separate entity with a c.o to carry out their threat and actually make an application to court for an order for sale v the receiver instead?
    • You left the PCN number showing, but no worries, I've redacted it. Euro Car parks are very well known to us.  I've just skimmed through the titles of the latest 100 cases we have with them (I gave up after 100) and, despite all their bluster and threats, in not one have they taken the Cagger to court. You stayed there for 2 hours &:45 minutes.  I'm guessing the limit is 2 hours and 30 minutes, right?  
    • If the claimant fails to draft directions the court can order a Case Management Hearing to set them but normally in Fast Track claims the claimant sets the directions...Unlike small claims track which are always set the court.
    • Not Evris offer, the court offers mediation service.   All claims proceed to hearing if mediation fails /not happen.   Why do you not wish to attend in person to stand your claim ?     Absolutely you must comply with the courts directions or your claim risks being struck out. Preparation for a hearing should happen irrespective of mediation.   https://www.consumeractiongroup.co.uk/topic/460613-suing-a-parcel-delivery-company-when-you-dont-have-a-direct-contract-with-them-–-third-party-rights-copy-of-judgment-available/#comment-5255007   Andy  
    • LPA.  (I'm fighting insolvency due to all the stuff that he and lender have done).  He appointed estate agents - (changed several times). Disclosure shows he was originally appointed for a specific reason (3m after repo) : using his powers as acting for leaseholder to serve notice on freeholders (to grab fh).  There was interest from 3 potential buyers. He chose one whose offer depended on a positive result of the notice.  Disc also shows he'd taken counsel advice - which was 'he'd fail'.  He'd simultaneously asked to resign as his job (of serving notice) was done and he'd found a buyer.  Lender asked him to stay on to assign notice to the buyer.  Notice failed, buyer didn't buy.  So receiver stayed.  There was 1 buyer who wanted to proceed w/o fh but receiver/ lender wasted 1y trying to get rid of them!  Disc shows why. But I didn't know why at the time. In later months Lender voiced getting rid of receiver. Various reasons - including cost.  But there's a contradiction/ irony: as I've seen an email (of 4y ago) which shows the receiver telling lender not to incur significant costs and to minimize receiver costs.    Yet lender then asked him to serve another notice - again counsel advice indicated 'he'd fail'.  And he did fail.  But wasted 3y trying and incurred huge legal costs - lender trying to pass on to me. Lender interfered - said wanted to do works.  Receiver should have said no.  But disc. shows he agreed to step aside to let them do the works - on proviso lender would discuss potential costs first (they didn't), works wouldn't take long (took 15m), and lender would hold interest (they didn't) (this last point is crucial for me now - as I need to know if I can argue that all interest beyond this point shouldnt be allowed?)   I need to check receiver witness statement in litigation with freeholders to see exactly what he said about 'his position'. But I remember it being along the lines of - 'if the works increased the value of the property he didn't have a problem'.  Lender/ receiver real problems started at this point. The cost of works and 4y passage of time has meant there is no real increase in value. Lender (or receiver) didn't get any permissions (statutory or fh) (and didn't tell me) and just bulldozed the property to an empty shell.  The freeholders served notice on me as leaseholder for breach of covenants (strict no alterations).  The Lender stepped in (acting for me) to issue notice for relief of forfeiture - not the receiver.  That wasted 2y of litigation (3y if inc the works) and incurred huge costs (both sides).  Lender's aim was to do the works that every potential buyer balked at due to the lease restrictions.  Lender and receiver knew couldn't do works w/o fh permission. Lender did them anyway; receiver allowed.  Receiver remained appointed.  I'm arguing lender interfered in receiver duties.  Receiver should have just sold property 4-5y ago w/o allowing any works.  Almost 3y since works finished the property remains unsold (>5y from repo). The property looks brand new - but it was great before.  The lender spent a ton of money - hoping that would facilitate a quick sale.  But the money they spent and the years they have wasted has meant they had to increase sale price.  It's now completely overpriced.  And - of course - the same issues that put buyers off (before works) still exist.   The receiver has tried for 2y to assert the works increased value. But he is relying on agents estimates - which have proved highly speculative. (Usual trick of an agent to give a high value to get the business - and then tell seller to reduce when no-one buys.). And of course lender continues to accrue interest (despite 4y ago receiver saying pause interest). Lender tried to persuade receiver to use specific agent. Disc shows this agent was best friends with the lender's main investor in the property.  Before works this agent had valued it low.  After works this agent suggested a value 70% higher!  The lender persuaded receiver to sack one agent and instead use this agent.  No offers. (Price way too high).   Research has uncovered that this main investor has since died.  I guess his investment is part of probate? And his family want it back?    Disc shows the sacked agent had actually received a high offer 1y ago.  Receiver rejected it.  (thus I don't know if the buyer would have ever proceeded). He was relying on the high speculative valuation the agents had given him to pitch for the business. The agents were in a catch-22.  The receiver sacked them. Disc shows there has been 0 interest ever since (inc via new agent requested by lender). I don't think lender or receiver want all this to come out in public domain via a trial.  It will ruin their reputations. If I can't get an order for sale with lender - can I apply separately against receiver?
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    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

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      This is good ethical practice.

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      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like

RBS is trying to close my business down.


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We took a loan out with RBS in 2008 and the rate was at 1.5% above base rate. I think the LIBOR rate was about 4.5- 5% then. Since the base rate has fallen to .5%.

We had a poor start to 2013 trading wise. RBS state that they were not happy with the current account and sent one of their special relationship managers around who tried to bully us into selling. Since then our trading has improved, business is good, current account is good. We have decided not to renew the overdraft which we felt that they would pull out from under us during the winter months when trading is slow. RBS is now looking at the loan agreement and would appear to be trying to see if they can make us default. We have never missed a payment. They are looking at our business plan from 2008.

We think that RBS is not happy that we are only paying at 1.5% above base and want to get rid of us. They did offer to do a new loan, but at current rates and costs.

 

Has anyone else had this problem.

Should we go to the Financial Ombudsman?

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  • 3 weeks later...
We took a loan out with RBS in 2008 and the rate was at 1.5% above base rate. I think the LIBOR rate was about 4.5- 5% then. Since the base rate has fallen to .5%.

We had a poor start to 2013 trading wise. RBS state that they were not happy with the current account and sent one of their special relationship managers around who tried to bully us into selling. Since then our trading has improved, business is good, current account is good. We have decided not to renew the overdraft which we felt that they would pull out from under us during the winter months when trading is slow. RBS is now looking at the loan agreement and would appear to be trying to see if they can make us default. We have never missed a payment. They are looking at our business plan from 2008.

We think that RBS is not happy that we are only paying at 1.5% above base and want to get rid of us. They did offer to do a new loan, but at current rates and costs.

 

Has anyone else had this problem.

Should we go to the Financial Ombudsman?

Why do you want to go to the Ombudsman.you say you think they are trying to make you default only you can do that.

 

Make sure you have your original copy of the loan agreement.they may try to reconstitute one and add things to it that are not in the original.

 

Regards Streetwise.

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Hi Streetwise,

We have the original copy of the loan agreement.

 

 

Regards campsite

Hi Campsite,check your agreement for reasons that they can call in the loan.

 

If they issue a formal demand,you have to ask them under what grounds they are issuing it .

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  • 4 weeks later...

Update.

RBS was putting us under pressure to sell, and when we would not they started to look at the loan agreement to see if they could find anything to make us default, even on a technicality.They even wrongly started to claim that our turnover for 2012 did not match our 2008 business plan.When it was pointed out to them that they had read the spreadsheet wrong they just said that the figures they had quoted where not qualified. All of a sudden we got a letter stating that he was handing us back to our old "relationship manager" because we no longer had an overdraft with them. We stopped the overdraft because we felt that in the middle of the winter RBS would pull the overdraft from under us and requireus to repay it straight away. Then yesterday, (Monday), RBS is all over the news for trying to close businesses down for their own gain.

 

What are my options?

 

BCOBS/COBS for not treating me fairly.

Or should I wait and see what is going to happen with this inquiry?

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Update.

RBS was putting us under pressure to sell, and when we would not they started to look at the loan agreement to see if they could find anything to make us default, even on a technicality.They even wrongly started to claim that our turnover for 2012 did not match our 2008 business plan.When it was pointed out to them that they had read the spreadsheet wrong they just said that the figures they had quoted where not qualified. All of a sudden we got a letter stating that he was handing us back to our old "relationship manager" because we no longer had an overdraft with them. We stopped the overdraft because we felt that in the middle of the winter RBS would pull the overdraft from under us and requireus to repay it straight away. Then yesterday, (Monday), RBS is all over the news for trying to close businesses down for their own gain.

 

What are my options?

 

BCOBS/COBS for not treating me fairly.

Or should I wait and see what is going to happen with this inquiry?

Get all your paperwork together and in order prepare your case to show what the bank was trying to do to you.

 

Just a quick question to anybody reading this thread,do you think Mr Tomlinson Knows anything about the going ons at TELFORD.

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  • 1 month later...

I have requested a Full SAR. Recorded delivery. I have had letters from them regarding PPI and credit card branches stating that they can not find anything, this is because we only have a loan and current account with them.They have not cashed the cheque.The 40 days is now up, and I have not received anything from them. How long beyond the 40 days should I wait?

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I have requested a Full SAR. Recorded delivery. I have had letters from them regarding PPI and credit card branches stating that they can not find anything, this is because we only have a loan and current account with them.They have not cashed the cheque.The 40 days is now up, and I have not received anything from them. How long beyond the 40 days should I wait?
Its up to you you could call them and ask them if they will be complying with you S.A.R. request and when or just leave till it arrives,have you got comformation that they recieved the request.
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It was sent "special delivery" and I have checked the post office confirm that they delivered it.I also have letters from RBS credit card and Mortgage/PPI people saying that a copy of the request was past to them by the Chief Operating Officer based in Edinburgh. So I know that they have received the SAR. They have not banked the cheque. I do not have a mortgage or credit card with them, but I do have a current business account and business loan with them, so I should be getting data from them.

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