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    • Thanks DX.  I've ploughed through the pages and dug out what I feel are the relevant ones. Obviously, some of these are duplicates of what I've put up before.  Anyway, I would be hugely grateful if someone can look over and advise. Reading though other posts and on other cases that I've had help with from here, I don't think they have much of a case - given the weakness of much of their "evidence" - but obviously I would be grateful for some expert advice from the helpful souls on here.    Thank you.    B   Witness Oct19_redacted.pdf
    • You came here for advice, soem advice has been given adn you question the validity and source of that advice. We are all lay peopele, ie not giving professional advice but it is based on experience of the world and in some cases working in the field that advice is given on. Now you dont have to take our advice, we wont get the huff if you prefer to look elsewhere or do something else. when I asked what you think they would do with your NI number it is to prod you to think for yourself and question why they would ask for this when there is nothing legal they can do with the information so wouild you be wnating to give it to them knowing that they would want it to break the law if they processed it. Now you can take that up with the company at the top but TBH unless you want to spend money on a lawyer they will not answer the question or fob you off with some ridiculous answer anyway.   so for the moment read a lot about  RLP and similar situations to yours ans make particular note of what happened to the peopel in the end. You will find no threads theat ended by saying " thanks to you I gor sued by RLP and owe them a fortune". It isnt going to happen and the reasons why are explained in many threads. They rely on your feeling of guilt to get anywhere
    • you need to respond to their letter saying that you belive that you ahve been paid correctly ( or underpaid if you are due a small amount of accrued holiday pay etc) and demand that they show a full account of what you received, when and why and how they arrived at this figure. You then reconcile that with your P45 and use the figures to bat off any furhter demands if they still akke one. Come back if they dotn drop the matter and give us the full breakdown on hours worked, hourly rate, gross pay, tax paid  etc
    • @dx100ukI never got a response to my SAR from Octopus.   But I have just received a 'letter before court action' from one of their legal representatives, who have been "instructed to consider legal action against [me] if full payment, a settlement or your proposals to make suitable repayments arrangements are not received in the next 30 days."   I'm reading the threads now. Any advice on how to proceed? 
    • I would say let them do their worst, it will surely backfire on them. Now with restrictive contracts that stop you working fro competitors- these are notoriously vague so often not worth the paper they are written on. also they have to be fair so for example if there are only 2 companies in the UK that make a certain product your employer cant say you arent allowed to work for the other one. If you were for example trained as a hairdersser and you were going to open a salon in the next street to your ex employer then the restriction would apply if worded correctly. Dont panic about this, your new employer will be au fait with the situation and time spent worrying about a nastly letter will in their eyes take you eye off the ball so concentrate on the new job.
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Catty54

What should happen after repossession

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We sadly had our home repossessed nearly 2 years ago after a long fight.  We had built up a good case but as it had been an All Monies Charge loan repossession was immediately awarded in court. 

My question is this.  I know that our house has now been sold as we still live nearby.  However, we have heard nothing at all from the bank confirming the sale or informing us of any shortfall, or indeed if there are any funds left over.  I am concerned that if there is a shortfall the bank will be continuing to add interest and we will have no idea what the amount is. 

We have sought advice from our Local Authority and CAB and more or less been advised that if we raise the issue with the Bank they will probably say that they didn't have any contact details for us. We did notify the Bank's solicitors once we had settled into our new accommodation (sadly we did not send recorded - my mistake) and I know they have email and phone contact details. 

 Can anyone advise what the Bank are legally obligated to do.  Surely we are entitled to know exactly what they say the end figures are and what they say their costs were.  Should we contact the Bank or are we opening a can of worms.  I wouldn't think there were any funds left over (if there are it would be minimal) but we need to know where we stand. 

Also can anyone advise what the time scale is for the Bank to pursue any shortfall.  I believe it is 12 years but read somewhere that this time starts from the first time the account went into arrears - not sure if that's true.

 

 

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Hi and Welcome to CAG

have you considered sending s D SAR  Data subject access request, this will provide all the information with regards to the mortgage and property sale.

Time limits on shortfalls is 12 years...interest/charges on arrears/capital 6 years.

Regards

Andy


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We received all the paperwork prior to repossession after sending a DSAR.  We know the house has been sold and for the amount it sold for but only through our own investigations.  Just wanted to know if the bank should be informing us officially.  Do they have an obligation to let us know if there is a shortfall and not just keep us in the dark for 12 years.

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Not really because you no longer hold a Mortgage agreement with them...just a shorfall debt which  in most cases is sold off to a DCA at a fraction of its face value.You may eventually hear from a DCA if they ever manage to trace you...but they only have 12 years in which to complete this.

https://www.thisismoney.co.uk/money/mortgageshome/article-1564054/Scandal-as-lenders-claim-old-debts.html


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We have been through this :(

 

We lost our home ten years ago, although we handed the keys back we were 6 months away from loosing the home anyway.

I think they are supposed to get the best possible price for your house. We googled our address at the time and found it online and asking for best offers.

I think they have 6 years were they can add charges but 12 to recover the amount. Apologies if i am wrong on this.

We were told they will be in no rush to chase you as they want you to financially recover so that they can come after you when you have some money/assets

Hope this helps

 

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land registry will have the record of who bought it and how much they paid. As it was 2 years ago just go to "rightmove" website, enter the address into the box after you click though the "sold house prices" tab and you will find yours by address, postcode, street name or any other search criteria they have.

If sold at auction the amount will be a very odd amount like £124, 358 as it will include the auctioneers slice. If sold by highest offer or private treaty it will be a more rounded number like £124,500

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