Jump to content


  • Tweets

  • Posts

    • I was thinking about doing that but have read on a number of sites now that it's better to go down the appeal route. If the NTK doesn't mention Schedule 4 of the Protection of Freedoms Act 2012 can they still be caught out if its late?   I've read part C 3.1 (q) of the IPCs code of practice and can see in there it states that the NTK must "Be given to or served on the Keeper between day 29 and day 57 after the day the Notice to Driver is given (which is counted as day 1)."   Spose that's them out of luck then 😆
    • I have been served a letter of claim from a UK law firm pursuant to the provision of PAP for a mortgage i have in Abu Dhabi, UAE.   they are requesting that I pay the whole mortgage in one go, which is impossible to make.   i have been in discussions with the uae bank offering them to hand over the property and agree an amount to settle. They are refusing to take the mortgaged property and are asking for the full amount outstanding.   The mortgage agreement governing law and jurisdiction is :” agreement shall be governed by the laws of the UAE and the civil courts of dubai will have jurisdiction over all disputes under this agreement”   They have failed in their court case in the uae due a technicality. Do you think they can sue me in the UK or is it just a scare tactic to force me to pay?   thx 
    • Ok thanks DX . I have also received another letter dated the same date as the eviction letter . From lightfoot solicitors stating they have taken over from eversheds . And they have sent one to the District judge .   The intruct for possession order letter says I have at least 14 days before the eviction goes ahead . If they have applied £60 enforcement fee to my account .that tells me they are enforcing the eviction 😭   Do I now sit and wait for a court lwtter from the balliff ?  T Thanks for your time and also thank for replying . Regards markez  
    • We need to sell our house , as we need to move (health reasons and long story)  we have an interest only mortgage which started off with GE and is now Kensington 🙄  we were sold the mortgage through a broker back in 2006 we were very stupid as we didn’t understand what an interest only was at the time and it was never explained that we would need a policy to pay off the loan at the end of the term , our credit rating was crap and still is really but the house is now in negative equity it will never increase to the prices they once were because of the area if we get asking price then we will be about £7000 short we have no savings and wouldn’t be able to get a loan to clear it  , I have contacted Kensington to see 1. If we can actually sell and 2. What happens with the shortfall , they sent out a shortfall pack but at the moment it’s not relevant till we get an offer , then we have to fill in the form with the valuation report and offer and our income and expenditure and offer of repayment of the shortfall, my worry is what happens if the don’t accept the offer of our repayment? Luckily we don’t need another mortgage because we are going to be renting off family but just wondered if anyone else has had a similar experience? We also were taken to court back in 2009 for arrears but we managed to come to an arrangement, and paid most of it back and a small remainder was added on to the mortgage would there be any charges we could claim back?
    • The requirement was to enter the full registration  prior to parking. I messed up, so their system flagged up non compliance and the process of contacting the DVLA was valid in their view.   The breach of GDPR would take effect if they continue to process data after being informed that theres no legitimate reason to do so.
  • Our picks

surrey_36

GE now Kensington Int Only Mortgage - trouble paying..lots of fees

Recommended Posts

I have been in hardship for about 5 years,

been in and out of mortgage arrangements ,

and 1 suspended possession order,

which was about 5 years ago.

 

Since this time I have had multiple mortgage admin charges of £40.00,

whilst the account was in arrears,

probably about 3500 worth of charges.

 

I was told a while ago I could possibly,

reclaim these charges but did not follow this up.

 

Is this still worth a go doing.

Seems unfair that they charged for hardship when the account never went more than £1500 arrears at any one time.

Then there was the solicitors charges which was unnecessary as was in communication with them at the time.

 

Any advice would be much appreciated

 

Admin charges have been and continue to be added to total mortgage,

so been paying additional interest.

Interest only mortgage

Share this post


Link to post
Share on other sites

yes, you can recover them if they are not part of the origianl agreement and even if they are the amount must reflect their costs not just some arbitrary amount so a fiver a pop would be closer to the mark.

They shouldnt be charging interest on the amount either as it is not part of the loan but a fixed fee.

Share this post


Link to post
Share on other sites

Hi to anyone that can help.

 

I have an interest only mortgage with Kensington,

they recently took the mortgage over from GE Money.

Kensington have definitely been more patient and understanding in terms of my hardship.

 

I have arrears of about £2500.00

I have been paying when I can and sticking to arrangements.

 

My ex partner (father of my 2 little ones) has bipolar and cannot always work and therefore cannot always make payments so this has always put me in a hardship position.

 

Kensington have been pushing for an arrangement which I completely understand

- I called them yesterday and explained this was an extremely stressful time and they kept me on the phone for 40 minutes to come back to me to say that they would not be able to stop proceedings to repossess without an arrangement.

 

I'm finding it so hard to concentrate on anything

 

I advised Kensington that I started anti depressants and am taking low dose Valium too and finding it very difficult to cope with day to day things.

 

I was upset when on the phone yesterday

they did not agree to just give me a few days to get through my serious issue

 

I offered them the police ref number but they did not want it.

Edited by dx100uk
child sex case

Share this post


Link to post
Share on other sites

Firstly, it will be helpful if you could use better spacing and paragraph spacing in your post. It's very difficult to read a solid block of text online. It may put people off helping you.

 

Secondly, do you say that you already have some arrangement with GE money or with Kensington? And that you have stuck to the terms of this arrangement?

 

If so then do I gather that Kensington are trying to change the terms of that arrangement?


Share this post


Link to post
Share on other sites

Ok thank you sorry.

 

I have offered them £100 a month for the next three months and asked them for a few days to get through the thick of what's going on, I am self employed and been unable to work due to whats been happening I have asked for a few days to be able to provide accurate income and expenditure

 

thank you bank fodder

Share this post


Link to post
Share on other sites

£100 seems quite a lot to me.

 

You originally said that there was an agreement but now you are saying that you have simply offered it to them. Can you clarify this please.

 

Whatever you do end up offering them, you don't want to over commit yourself because if you falter on the instalment plan later on then that opens a door for them to come crashing in on you.

 

Can you please gives a bit more detail of exactly who has said what to whom


Share this post


Link to post
Share on other sites

Hi all,

since being in financial difficulty over the last few years

I have had dozens of £40 admin charges added to my account for making late payments.

I understand that I can claim these back

 

I have read other posts to see the procedure which is so helpful thank you,

 

Im just wondering how it would work as last year my account was taken over by Kensington Mortgages and if they refunded the admin charges where would the refund go

- woud it be sent to Kensignton to pay off the charges arrears balance?

 

Many thanks !

Share this post


Link to post
Share on other sites

you need to work out how much it all adds up to including interest on the charges (unlawful). If the debt was legally assigned to Kensington then you get the money from GE, it cant be just passed on to reduce your debt with another company although they will try that on if they even admit they owe you the refund

Share this post


Link to post
Share on other sites

I'm just starting a claim for £40 admin charges added over the years,

 

Ive been reading through threads tonight and just confused about the spreadsheet to use and what interest charge to put into the spreadsheet.

 

On the mortgage statements the interest rate varies from 2.95 up to 7.99% on the 2006 statements.

 

Also unclear if I should use the StatInt Sheet or the CISSheet.

 

At the end of each statement is says for example (annual statement 2009)

Interest Bearing Charges £1837.50

Additional Interest Incurred £213.88

Payment received towards these charges & Interest £125.54

 

So gathering from others posts and responses these additional charges are non reclaimable?

 

Sorry for posting when I'm sure this is all in here! Just want to make sure I get this right, as I usually get everything wrong! :roll:

Share this post


Link to post
Share on other sites

I very much doubt you'll get penalty charges back out side of 6yrs.

 

dx


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

OK thanks DX Ill just go back the last 6 months and re do the spreadsheet - can you advise me on which spreadsheet to use and what interest rate to put in given that the rate varied over the time?

Share this post


Link to post
Share on other sites

6yrs not months

you could try putting ALL of them on your sheet

see what they do??

 

stat int sheet [auto at 8%] as that will be more money than the CI at 2%


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Thanks DX! All done and in the post recorded delivery. Will update the thread once they replied.

Share this post


Link to post
Share on other sites

good luck

 

 

what were the charges for? and what are your grounds for refund?

Share this post


Link to post
Share on other sites

Update: GE Money replied to me saying that since my mortgage was taken over by Kensington last year that they have closed the case and forwarded the complaint over Kensington.

 

I thought that as GE had charged the admin charges originally that the claim would be to them.

Question is do I trust that they have forwarded the claim to Kensington or do I resend the complaint again :???:

Share this post


Link to post
Share on other sites

what were the charges for? and what are your grounds for refund?

Share this post


Link to post
Share on other sites

Hi Jaxleeds,

the charges are for administration charges

- sometimes they charged £40 sometimes £50,

also some other charges like counselor visit?

 

I am advised these charges are way over the actual costs to them as a company and are therefore unlawful and can be reclaimed.

Probably better that one of the CAG experts explain it rather than me!

Share this post


Link to post
Share on other sites

already tried but its not stuck in...


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites
Hi Jaxleeds, the charges are for administration charges - sometimes they charged £40 sometimes £50, also some other charges like counselor visit? I am advised these charges are way over the actual costs to them as a company and are therefore unlawful and can be reclaimed. Probably better that one of the CAG experts explain it rather than me!

 

 

Exactly the same situation as me then. Good luck!

 

 

dx - what have you tried to explain to me that 'hasn't stuck in' ?

Share this post


Link to post
Share on other sites

I have had a reply from Kensington in relation to my claim originally to GE Money (but then as the mortgage was taken over by Kensington the claim was redirected to Kensington).

 

They have offered as a gesture of goodwill to refund 9 Admin charges of £40.00 and one charge of £50.00. Totalling £410.00. There is no mention of compound interest but only am additional payment of £50 as they did not keep me informed of theprogress of the complaint as promised.

 

There are over 20 admin charges within the last 6 years of £40 and some £50, also a 'debt counselling' charge of £90.00, I need to put this all into the spreadsheet again but I think this adds up to with compound interest about £1400.00.

 

Can anyone advise me of the next action given that they have provided this response not including all unfair admin charges and not including and compound interest.

 

Thank you :)

Share this post


Link to post
Share on other sites

do as you've correctly stated


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

That was quick DX thanks!

Is there a template letter on here I can use to follow up with ?

Help is much appreciated!

Share this post


Link to post
Share on other sites

no need for one

simply write back and demand the other charges back ONE line

inc spready


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

Share this post


Link to post
Share on other sites

Their letter says its their final response and if im not happy to go to the FOS?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...