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    • Yeah, sorry, that's what I meant .... I said DCBL because I was reading a few threads about them discontinuing claims and getting spanked in court! Meant  YOU  Highview !!!  🖕
    • Yep, I read that and thought about trying to find out what the consideration and grace period is at Riverside but not sure I can. I know they say "You must tell us the specific consideration/grace period at a site if our compliance team or our agents ask what it is"  but I doubt they would disclose it to the public, maybe I should have asked in my CPR 31.14 letter? Yes, I think I can get rid of 5 minutes. I am also going to include a point about BPA CoP: 13.2 The reference to a consideration period in 13.1 shall not apply where a parking event takes place. I think that is Deception .... They giveth with one hand and taketh away with the other! One other point to note, the more I read, the more I study, the more proficient I feel I am becoming in this area. Make no mistake DBCL if you are reading this, when I win in court, if I have the grounds to make any claims against you, such as breach of GDPR, I shall be doing so.
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    • the Town and Country [advertisments ] Regulations 2007 are not easy to understand. Most Council planing officials don't so it's good that you found one who knows. Although he may not have been right if the rogues have not been "controlling" in the car park for that long. The time only starts when the ANPR signs go up, not how long the area has been used as a car park.   Sadly I have checked Highview out and they have been there since at least 2014 . I have looked at the BPA Code of Practice version 8 which covers 2023 and that states Re Consideration and Grace Periods 13.3 Where a parking location is one where a limited period of parking is permitted, or where drivers contract to park for a defined period and pay for that service in advance (Pay & Display), this would be considered as a parking event and a Grace Period of at least 10 minutes must be added to the end of a parking event before you issue a PCN. It then goes on to explain a bit more further down 13.5 You must tell us the specific consideration/grace period at a site if our compliance team or our agents ask what it is. 13.6 Neither a consideration period or a grace period are periods of free parking and there is no requirement for you to offer an additional allowance on top of a consideration or grace period. _________________________________________________________________________________________________________________So you have  now only overstayed 5 minutes maximum since BPA quote a minimum of 10 minutes. And it may be that the Riverside does have a longer period perhaps because of the size of the car park? So it becomes even more incumbent on you to remember where the extra 5 minutes could be.  Were you travelling as a family with children or a disabled person where getting them in and out of the car would take longer. Was there difficulty finding a space, or having to queue to get out of the car park . Or anything else that could account for another 5 minutes  without having to claim the difference between the ANPR times and the actual times.
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Interest-only mortgage expired


LynnA25
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I'm hoping that someone will be able to help me as I'm feeling absolutely desperate.

 

Our interest-only mortgage with GE Money was due to expire in May 2014.

 

 

However, in September 2013, my husband was involved in a road traffic accident and sustained brain injury.

 

 

Since then he has been unable to return to full-time employment.

 

 

I wrote to GE Money before the expiry date, explaining our situation and requesting that they extend the mortgage term for another year

until our situation improved and we were able to approach another company to re-mortgage.

 

Despite providing them with medical evidence, they rejected this offer.

 

 

In early October 2014, they sent a letter informing me that they would take legal action to recover the £190,000 outstanding (our property is worth around £270,000).

 

 

I phoned them, once again reiterating that we had kept the mortgage payments up-to-date and that once I had a full-time job,

I would seek a remortgage with another company.

 

 

They said they would consider this, but make no promises.

 

 

On Saturday this week, however, we received a letter from their solicitors (Eversheds) informing us that they have been asked to represent GE Money

and that we will shortly be notified of a court date.

 

My husband has suffered with anxiety and memory problems since the accident and this situation is making matters ten times worse.

Any advice would be most welcome.

Edited by citizenB
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Will try and find someone who can help.

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PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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This may not be what you want to hear, but have you considered selling the house yourself? I realise it's your home, but if GE get their claws into it you could get hammered with a lot of legal costs and they may not sell it for as much as it is worth and you could lose thousands. At least if you sell it you have control over how much you sell for, keep the equity which could go towards a new place when you are in a position to buy again, and if you have set the ball rolling a judge may well give you time to do this, or it may prevent further court action at all.

Edited by caro
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they must comply with the FCA principle 6, treat customers fairly

 

read this link, see how GE have failed to comply in your case, write to eversheds, pointing out as to where GE Money have failed to comply with the fca guidance

 

Formal Complaint to GE, which could proceed to the FOS, see if you can stall legal action

 

http://www.fca.org.uk/your-fca/documents/finalised-guidance/fg13-07

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Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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Unfortunately, once the loan term is over, the court has no jurisdiction to stay (or suspend) a possession order - so whilst the judge will almost certainly be sympathetic to your situation, he/she will be powerless to do anything other than award possession to GEM.

 

What GEM tend not to inform people, is that if a realistic proposal to repay is put to them, they can give a further two years after the end of the term for repayment. Unfortunately for you, the proposal you put to them wasn't realistic, it wasn't a concrete offer of payment, it was an 'if' situation.

 

You asked for a year - but a year is virtually up, and you haven't got a new job or remortgaged - and whilst GEM clearly didn't state categorically they had given you a year, by their actions, they clearly have, because it'll be May at the earliest before they get into court. The request, therefore, has more than been met, and you haven't got a new mortgage.

 

Your options are limited - either sell (as has already been advised by someone above), or try to get that remortgage now (you'd need to earn around £43k to get a mortgage of £190k).

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Thank you all for your responses. I have two job interviews next week so I'm hoping to be back in full-time employment soon. If I have a firm job offer, do you think GE Money would consider allowing me to switch to a repayment mortgage?

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  • 2 weeks later...

On a similar thread, our interest only mortgage with J P Morgan is due to expire early next year.

The repayment vehicle is that I have a house in France that will more than repay the mortgage.

(all payments up to date, never missed or been late with any).

 

My worry is what happens if the house in France has not sold by then (the property market there is pretty dead)?

.

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  • 2 weeks later...

gprit, it might be worth you starting your own thread :)

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

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