SPML/LMC anyone claimed for mis selling and unfair charges?

[ryde]

Ive just looked at T&C's for our mortgage with LMC, it only mentions that they can sell your mortgage on,nothing about third party administrators or capstone. I personally don't think any LMC T&C's will mention TPA asit was originally with Matlock who has no connection with SPML.

 

Dotty,

It therefore follows that your current situation and litigation is an identical situation with that of MWSPML and Jetli in that the unauthorised Capstone are actually bringing proceedings against you as LMC have no personel including directors to either bring or in fact authorise any proceedings against you.

It would be worth putting this in your defence along with a print out from CH showing this.You could also ask CH directly for confirmation that LMC have no directors which would be even more damming..

LMC and SPPL borrowers have the strongest case of all for this,unfortunately because LMC have not submitted 2008 accounts it is not so easy to prove off the CH website,but with SPPL we have the parent RESETFAN accounts and the notices to noteholders,so the evidence is concrete.

Another big question that arises from this is who is Jetli supposed to pay now she has sold her house? only sppl can give a valid receipt and remove the charge but they have no personel to give this instruction or authorise this or any other action in their name.

Edited March 19, 2010 by ryde

[ryde]

Nice dotty 2 down 3 to go. Please excuse my rather idealistic notion that conscience be given a better chance. I went all 60s for a moment but I think I'm better now...

 

eie

2 down 2 to go and as sppl are busted out in reality 1 to go.

[enoughisenough]

Another big question that arises from this is who is Jetli supposed to pay now she has sold her house? only sppl can give a valid receipt and remove the charge but they have no personel to give this instruction or authorise this or any other action in their name.

 

Ryde

 

suggest you look at the watch under disgusting if you haven't already.

[jetli]

Another big question that arises from this is who is Jetli supposed to pay now she has sold her house? only sppl can give a valid receipt and remove the charge but they have no personel to give this instruction or authorise this or any other action in their name.

 

Ryde

 

suggest you look at the watch under disgusting if you haven't already.

 

Sorry but just seen this and I dont know what you meen by Watch under Disgusting unless I am being thick! Do need to pass on as much as I can to the Solicitor

[enoughisenough]

Hi jetli

 

Someone's started a blog. Looks like they've being paying very close attention to what is going on here.

Edited March 20, 2010 by enoughisenough

[jetli]

Just clicked on that an my name comes up at the bottom to send reply but its the first time I have seen it???

 

Also just about to post up reply from the FSA re SPPL.

[enoughisenough]

Not sure what you mean. I clicked on it and it just takes you to the blog???I'll take the link off and post it back on.

 

FSA mmm...this will be interesting. I'll hang on for that!

[ryde]

Jet

A slightly personal question which it is obviously up to you to answer but after everythings been paid off,how much equity do you think you have left in the property,I'm asking this as it seems to me you've been through a living nightmare for little if any reward and the last thing you want is creditors on your back after going through this lot.

There could be ways to back them into a corner.

[enoughisenough]

Who are Capstone Mortgage Services & why watch them? Capstonewatch's Blog

[jetli]

This is the response from the FSA re SPPL!

scan0014.pdf

[ryde]

So the FSA register as we know is completely out of date attia having resigned some time ago last year,arent they under an obligation to tell the FSA this.The second point being that they say spml are responsible under the FSA for the actions of their agent and that sppl is therefore not regulated by them which asks the question that any agreement made with sppl is therefore NOT a regulated agreement?.

Aren't all agreements after a certain timeline regulated under some act?

Edited March 20, 2010 by ryde

[enoughisenough]

What a fob off.

 

This is an absolute dereliction of duty. No wonder Hector is leaving. He simply can't cut it. The FSA is not only unable to fulfil its statutory duties. If any evidence were needed of FSA complicity in this scandalous cover up, this is it.

 

They should be hauled before the courts for failing to give effect to EU originated consumer protection directives.

 

Will a top notch consumer law barrister PLEASE step forward and offer to do this?

[ryde]

Ryde

 

Here is the letter & tarrif of charges sent today.

 

Pictures by littledotty27 - Photobucket

 

Back on the subject of authorisation again.

Have looked at dotty's letter from LMC which has some scrawled illegible signature on LMC paper transferring administration from LMC to Capstone.

If LMC has no directors or personel who is actually giving authorisation for this and who are the mystery administrators for lmc prior to transfer to Capstone.??

Have capstone been the administrators all along and because of the fuss created are now coming out of the woodwork?

 

We really have to start getting some things nailed down now ,give CH one last chance to do something then if they don't go to their adjudicator, otherwise collectively we are going nowhere and just giving the **** the chance to reorganise which they have done already, as I have said I will draft a letter which everyone can participate in and then it has to be punched into their faces with the threat of going up until we get some result.

If we sit back we're gonna get picked off 1 by 1 and Lord Caggers and all our work will have been for nothing ,we've tried and debated everything this is the last way forward.

Look at the posts here 5000+ and 165000+ views thats twice wembley at capacity, that alone shows the depth of this problem.

Edited March 20, 2010 by ryde

[TFD123]

Looking over recent posts i can see it would help if i went public, i agree but i am working on things ATM plus waiting to recieve payment for my house as i have had an offer. I really cant afford to make any mistakes just now but Once i have got rid of SPML/CAPSTONE i will post all my details including anything i have on, not only SPML/CAPSTONE but on their Solicitors, who it appears is knowingly recieving instructions from Capstone on behalf of SPML without disclosing to the courts that Capstone are actually the instructors.

This is Capstones solicitors, is there a way of gettin a list of all the companies they represent

http://360.optimalegal.co.uk/content/pages/index.asp

They have some interesting selling points to make them attracted to the likes of Capstone i.e. Quick sale of repocessed homes, Recovery of shortfalls, really interesting system well matched with Capstone

 

 

I will never give up the fight against CAPSTONE until i see them fall and their criminal activities made public. I have lost my home due to the recession caused by Lehmans

[jetli]

Jet

A slightly personal question which it is obviously up to you to answer but after everythings been paid off,how much equity do you think you have left in the property,I'm asking this as it seems to me you've been through a living nightmare for little if any reward and the last thing you want is creditors on your back after going through this lot.

There could be ways to back them into a corner.

 

Not alot maybe 30K after 17 years he ho!

[enoughisenough]

Hi MWSPML

 

A lot of people in your position would be glad just to be shot of the beggars and then get on with their lives. What the **** don't realise is just how much this stuff blight's people's lives. It JUST ISN'T ON.

 

I greatly admire your courage and fortitude as do many others. When you are in a position to do this will you will receive and deserve to receive the life long gratitude of the many victims to come of these disgusting parasites.

[jetli]

Hi jetli

 

Someone's started a blog. Looks like they've being paying very close attention to what is going on here.

 

My name as in my real name still cmes up at the bottom saying Hi BLAH BLAH and then a change link next t it???

[enoughisenough]

Not alot maybe 30K after 17 years he ho!

 

Well just make sure they don't try and grab that as well. It's par for the course with these vultures.

[littledotty27]

Last time we sent payment to solicitors as per order,we got letter back stating that file is being closed & if anymore chqs sent to them they would return them & that we would be in breach of order,as they have got that our order states send to client. Solicitors are Lightfoots.

[jetli]

I will never give up the fight against CAPSTONE until i see them fall and their criminal activities made public. I have lost my home due to the recession caused by Lehmans

 

Us too but will fight on like you just to see them come down hard and hopefully stop some of the repos going on with all on here.

[enoughisenough]

I think what it may be trying to do is ask if you want to sign in under your real name and obviously you don't.

 

I'm not getting that at all it just takes me straight to the blog.

 

Ryde?

[enoughisenough]

Last time we sent payment to solicitors as per order,we got letter back stating that file is being closed & if anymore chqs sent to them they would return them & that we would be in breach of order,as they have got that our order states send to client. Solicitors are Lightfoots.

 

Ahh...good old Lightfoots. yet another law firm along with Linklaters up to their necks in this grubby business.

[not another b----- letter]

So the FSA register as we know is completely out of date attia having resigned some time ago last year,arent they under an obligation to tell the FSA this.The second point being that they say spml are responsible under the FSA for the actions of their agent and that sppl is therefore not regulated by them which asks the question that any agreement made with sppl is therefore NOT a regulated agreement?.

Aren't all agreements after a certain timeline regulated under some act?

 

SPPL are regulated by the Office of Fair Trading, as they offered loans regulated by the CCA (under 25K), going to email OFT next week to ask why SPPL are still licenced as they have been dead in the water for six months, anybody like to do likewise? the more complaints the better.

 

I think this is one we may have missed if the licence had been suspended say in November last year how could they have tried for a repossession under the CCA when they they no longer had a licence?, Capstone are licenced but are they the owners of the loans?.

To find details of SPPL registration use their postcode.

[enoughisenough]

Makas back!

[sawyer]

Hi, has anybody got a link to the last set of SPPL's accounts that were submitted. I'm sure I've seen them posted but been searching through the posts here for a good while now without any luck