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    • further polished WS using above suggestions and also included couple of more modifications highlighted in orange are those ok to include?   Background   1.1  The Defendant received the Parking Charge Notice (PCN) on the 06th of January 2020 following the vehicle being parked at Arla Old Dairy, South Ruislip on the 05th of December 2019.   Unfair PCN   2.1  On 19th December 2023 the Defendant sent the Claimant's solicitors a CPR request.  As shown in Exhibit 1 (pages 7-13) sent by the solicitors the signage displayed in their evidence clearly shows a £60.00 parking charge notice (which will be reduced to £30 if paid within 14 days of issue).  2.2  Yet the PCN sent by the Claimant is for a £100.00 parking charge notice (reduced to £60 if paid within 30 days of issue).   2.3        The Claimant relies on signage to create a contract.  It is unlawful for the Claimant to write that the charge is £60 on their signs and then send demands for £100.    2.4        The unlawful £100 charge is also the basis for the Claimant's Particulars of Claim.  No Locus Standi  3.1  I do not believe a contract with the landowner, that is provided following the defendant’s CPR request, gives MET Parking Services a right to bring claims in their own name. Definition of “Relevant contract” from the Protection of Freedoms Act 2012, Schedule 4,  2 [1] means a contract Including a contract arising only when the vehicle was parked on the relevant land between the driver and a person who is-   (a) the owner or occupier of the land; or   (b) Authorised, under or by virtue of arrangements made by the owner or occupier of the land, to enter into a contract with the driver requiring the payment of parking charges in respect of the parking of the vehicle on the land. According to https://www.legislation.gov.uk/ukpga/2006/46/section/44   For a contract to be valid, it requires a director from each company to sign and then two independent witnesses must confirm those signatures.   3.2  The Defendant requested to see such a contract in the CPR request.  The fact that no contract has been produced with the witness signatures present means the contract has not been validly executed. Therefore, there can be no contract established between MET Parking Services and the motorist. Even if “Parking in Electric Bay” could form a contract (which it cannot), it is immaterial. There is no valid contract.  Illegal Conduct – No Contract Formed   4.1 At the time of writing, the Claimant has failed to provide the following, in response to the CPR request from myself.   4.2        The legal contract between the Claimant and the landowner (which in this case is Standard Life Investments UK) to provide evidence that there is an agreement in place with landowner with the necessary authority to issue parking charge notices and to pursue payment by means of litigation.   4.3 Proof of planning permission granted for signage etc under the Town and country Planning Act 1990. Lack of planning permission is a criminal offence under this Act and no contract can be formed where criminality is involved.   4.4        I also do not believe the claimant possesses these documents.   No Keeper Liability   5.1        The defendant was not the driver at the time and date mentioned in the PCN and the claimant has not established keeper liability under schedule 4 of the PoFA 2012. In this matter, the defendant puts it to the claimant to produce strict proof as to who was driving at the time.   5.2 The claimant in their Notice To Keeper also failed to comply with PoFA 2012 Schedule 4 section 9[2][f] while mentioning “the right to recover from the keeper so much of that parking charge as remains unpaid” where they did not include statement “(if all the applicable conditions under this Schedule are met)”.     5.3         The claimant did not mention parking period, times on the photographs are separate from the PCN and in any case are that arrival and departure times not the parking period since their times include driving to and from the parking space as a minimum and can include extra time to allow pedestrians and other vehicles to pass in front.    Protection of Freedoms Act 2012   The notice must -   (a) specify the vehicle, the relevant land on which it was parked and the period of parking to which the notice relates;  22. In the persuasive judgement K4GF167G - Premier Park Ltd v Mr Mathur - Horsham County Court – 5 January 2024 it was on this very point that the judge dismissed this claim.  5.4  A the PCN does not comply with the Act the Defendant as keeper is not liable.  No Breach of Contract   6.1       No breach of contract occurred because the PCN and contract provided as part of the defendant’s CPR request shows different post code, PCN shows HA4 0EY while contract shows HA4 0FY. According to PCN defendant parked on HA4 0EY which does not appear to be subject to the postcode covered by the contract.  6.2         The entrance sign does not mention anything about there being other terms inside the car park so does not offer a contract which makes it only an offer to treat,  Interest  7.1  It is unreasonable for the Claimant to delay litigation for  Double Recovery   7.2  The claim is littered with made-up charges.  7.3  As noted above, the Claimant's signs state a £60 charge yet their PCN is for £100.  7.4  As well as the £100 parking charge, the Claimant seeks recovery of an additional £70.  This is simply a poor attempt to circumvent the legal costs cap at small claims.  7.5 Since 2019, many County Courts have considered claims in excess of £100 to be an abuse of process leading to them being struck out ab initio. An example, in the Caernarfon Court in VCS v Davies, case No. FTQZ4W28 on 4th September 2019, District Judge Jones-Evans stated “Upon it being recorded that District Judge Jones- Evans has over a very significant period of time warned advocates (...) in many cases of this nature before this court that their claim for £60 is unenforceable in law and is an abuse of process and is nothing more than a poor attempt to go behind the decision of the Supreme Court v Beavis which inter alia decided that a figure of £160 as a global sum claimed in this case would be a penalty and not a genuine pre-estimate of loss and therefore unenforceable in law and if the practice continued, he would treat all cases as a claim for £160 and therefore a penalty and unenforceable in law it is hereby declared (…) the claim is struck out and declared to be wholly without merit and an abuse of process.”  7.6 In Claim Nos. F0DP806M and F0DP201T, District Judge Taylor echoed earlier General Judgment or Orders of District Judge Grand, stating ''It is ordered that the claim is struck out as an abuse of process. The claim contains a substantial charge additional to the parking charge which it is alleged the Defendant contracted to pay. This additional charge is not recoverabl15e under the Protection of Freedoms Act 2012, Schedule 4 nor with reference to the judgment in Parking Eye v Beavis. It is an abuse of process from the Claimant to issue a knowingly inflated claim for an additional sum which it is not entitled to recover. This order has been made by the court of its own initiative without a hearing pursuant to CPR Rule 3.3(4)) of the Civil Procedure Rules 1998...''  7.7 In the persuasive case of G4QZ465V - Excel Parking Services Ltd v Wilkinson – Bradford County Court -2 July 2020 (Exhibit 4) the judge had decided that Excel had won. However, due to Excel adding on the £60 the Judge dismissed the case.  7.8        The addition of costs not previously specified on signage are also in breach of the Consumer Rights Act 2015, Schedule 2, specifically paras 6, 10 and 14.   7.9        It is the Defendant’s position that the Claimant in this case has knowingly submitted inflated costs and thus the entire claim should be similarly struck out in accordance with Civil Procedure Rule 3.3(4).   In Conclusion   8.1        I invite the court to dismiss the claim.  Statement of Truth  I believe that the facts stated in this witness statement are true. I understand that proceedings for contempt of court may be brought against anyone who makes, or causes to be made, a false statement in a document verified by a statement of truth without an honest belief in its truth.   
    • Well the difference is that in all our other cases It was Kev who was trying to entrap the motorist so sticking two fingers up to him and daring him to try court was from a position of strength. In your case, sorry, you made a mistake so you're not in the position of strength.  I've looked on Google Maps and the signs are few & far between as per Kev's MO, but there is an entrance sign saying "Pay & Display" (and you've admitted in writing that you knew you had to pay) and the signs by the payment machines do say "Sea View Car Park" (and you've admitted in writing you paid the wrong car park ... and maybe outed yourself as the driver). Something I missed in my previous post is that the LoC is only for one ticket, not two. Sorry, but it's impossible to definitively advise what to so. Personally I'd probably gamble on Kev being a serial bottler of court and reply with a snotty letter ridiculing the signage (given you mentioned the signage in your appeal) - but it is a gamble.  
    • No! What has happened is that your pix were up-to-date: 5 hours' maximum stay and £100 PCN. The lazy solicitors have sent ancient pictures: 4 hours' maximum stay and £60 PCN. Don't let on!  Let them be hoisted by their own lazy petard in the court hearing (if they don't bottle before).
    • Thanks for all the suggestions so far I will amend original WS and send again for review.  While looking at my post at very beginning when I submitted photos of signs around the car park I noticed that it says 5 hours maximum stay while the signage sent by solicitor shows 4 hours maximum stay but mine is related to electric bay abuse not sure if this can be of any use in WS.
    • Not sure what to make of that or what it means for me, I was just about to head to my kip and it's a bit too late for legalise. When is the "expenditure occured"?  When they start spending money to write to me?  Or is this a bad thing (as "harsh" would imply)? When all is said and done, I do not have two beans to rub together, we rent our home and EVERYTHING of value has been purchased by and is in my wife's name and we are not financially linked in any way.  So at least if I can't escape my fate I can at least know that they will get sweet FA from me anyway   edit:  ah.. Sophia Harrison: Time bar decision tough on claimants WWW.SCOTTISHLEGAL.COM Time bar is a very complex area of law in Scotland relating to the period in which a claim for breach of duty can be pursued. The Scottish government...   This explains it like I am 5.  So, a good thing then because creditors clearly know they have suffered a loss the minute I stop paying them, this is why it is "harsh" (for them, not me)? Am I understanding this correctly?  
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Excel Contractual Interest Spreadsheet


Mindzai
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Mindzai et al,

 

Firstly, thanks for the spreadsheet and all the excellent advice contained on this illuminating thread.

 

Was just wondering whether anyone had been able to come up with an answer to the questions posed by JustJon in post 142?!

 

Namely, what should one do to adjust for the fact that if you happen to be in credit on the day interest is taken from your account, the otherwise excellent spreadsheet isn't able to cope with this and doesn't make any provision for interest arising as a result of charges in such circumstances?

 

While this only occurs in half-a-dozen or so of the 72 months with which I am concerned, as you might imagine, with my typical monthly interest being in the region of £15-£20, it soon adds up - especially when it's compounded.

 

Thanks in anticipation of your help and co-operation. :wink:

 

Fred

NatWest: seeking unlawful charges + interest incurred as a result of those charges of £4,292.82 and contractual interest (compounded) of £4,559.41. Court claim issued 16.01.08; acknowledgement of service filled by Cobbetts on 30.01.08

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Funk you find a date in the month where you are in the red then the interest kicks in,

Leech

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

click my scales if you think i am helpful ! yes LHS down there !!

Once more into the breach dear friends,once more

or close the wall up with our banks dead ,

The games afoot,follow your spirit and upon this charge

Cry 'God for Harry' England and St George

Henry V battle of Agincourt 1415

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I'm about to send my LBA to Cap One - but I have some serious doubts about the spreadsheet I have used (taken from here... 6. Interest calculation spreadsheets I have used England - Advanced - Excel). Or put more accurately how I've used them. In a nutshell... the sheet does the following to calculate simple contractual int.

 

(Total amount charged in fees over the period of time)

 

Divided by

 

(The statement balance Month 1)-(the payment made in respect of that eg. the one which appears on Month 2 statement)

 

Multiplied by

 

Total interest charged as per Month 1 statement

 

= interest to reclaim for Month 1

 

I might be being thick, but I don't understand why the following month's payment needs to be deducted? Can anyone explain to set my mind at rest?

BATTLES WON/ONGOING

NatWest Bank- £8k+ **SETTLED IN FULL**

Capital One - £2k+ ** SETTLED IN FULL**

Cahoot - £255 **SETTLED IN FULL**

Abbey National - £385 **SETTLED IN FULL**

Central Trust - £3k+ **SETTLED IN FULL**

GMAC RFC - £2k **SETTLED IN FULL**

Now going after Natwest (again) and Halifax.

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A quick question on CC v1.1.

 

I am reading the Notes on how to complete the spreadsheet, it says:

"6. In the column labelled "Interest Date", enter the date that the first amount of interest was debited."

 

I assume this is still refering to the Charges and Interest tab, I cannot see the column labelled "Interest Date" - where is it or what is the correct instruction?

 

Regards G.

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A quick question on CC v1.1.

 

I am reading the Notes on how to complete the spreadsheet, it says:

"6. In the column labelled "Interest Date", enter the date that the first amount of interest was debited."

 

I assume this is still refering to the Charges and Interest tab, I cannot see the column labelled "Interest Date" - where is it or what is the correct instruction?

 

Regards G.

There isn't one. I can only assume that the instructions were copied directly from the current account version where the interest date is relevant. On the credit card one, interest and charges are charged at the same time every month so the interest date is (often) the same as the charge date. If they are for some reason different, I wouldn't worry about it, just use the later date.

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More of an observation than anything, but would welcome an opinion all the same. On the charges & interest page (CC_1.1), the summary in the top right hand corner reads:

 

Total Penalties 254.00

Total Interest on Penalties 26.12

Total Owed before Interest 280.12

 

Should the last line be Total Owed including Interest? Obviously that is what the calculation is, so just raising this I guess - I know how to amend this myself - unless anyone knows why it is before rather than including?

If my post has been useful, tip my scales and let me know

 

Always start with the User guide!

Stuck with RBS charges? Click here!!

 

RBS CA1 £2794 SETTLED!!! RBS CA2 £503 SETTLED!!! HBOS CC £498 SETTLED!!! Barclaycard £705 (with CCI) ONGOING!!! NATWEST CA ONGOING!!! LLOYDS CA x 2, CC, LOAN ONGOING!!! HFC LOAN ONGOING!!!

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T4FF

IMO it should mean 'before Statutory 8% Interest from date service of N1'.

 

Contractual interest does not apply, adding the interest charged by them to the claim is simply calculating the redress needed - it's an integral part of the claim.

 

Once served, you can ask for 8% SI from the court when you win.

 

So: They've penalised you £1000. They've added £200 interest. Your claim is £1200. From the date of service of MCOL/N1, the amount goes up at 8% p.a.

 

 

IMO - Hope this helps.

 

T.

"Weasel (n): any person or group that operates in that vast grey area between good ethical behaviour and the sort of activities that might send you to jail".

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where the hell is mindzai is what im wondering :p

Dont Rush - Take Your Time - Dont always take me seriously

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Here, if you feel i have not helped you then click Here, if you want to complain about this go Here, if you would like bank secrets then go Here.

 

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Online Finance - Case Charge+CI+Damages+costs

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Right chaps what do you want to know about spreadsheets, I,me the master!!!!!!!!! Ask me?

Leech

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

click my scales if you think i am helpful ! yes LHS down there !!

Once more into the breach dear friends,once more

or close the wall up with our banks dead ,

The games afoot,follow your spirit and upon this charge

Cry 'God for Harry' England and St George

Henry V battle of Agincourt 1415

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As there seems to be some issue with signatures I'm posting this thread as a place to point to this spreadsheet:

 

Download v1.8

 

It works with most versions of Excel for calculating statutory and contractual (compounded) interest and printing a scedule of charges.

 

Any questions feel free to ask. :)

 

I have been going through hell with regards to these blinkin' spreadsheets.

For two days I have been unable to open your version let alone save it onto disk, vampiressess google ones have been saved with corrupted save with no way of copy and pasting them back in:mad:

 

Today, with all this lovely sunshine, my computer has finally decided to play nice and has allowed me to download your version:D:D:D

 

What a blindin' piece of work. I thought I'd just pop a thread in to thank you for such a piece of art. You are a scholar and a saint and you've saved my bacon I can tell you, not to mention me marbles!!!!:cool:

 

Thank you. My hat is definately off.

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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More of an observation than anything, but would welcome an opinion all the same. On the charges & interest page (CC_1.1), the summary in the top right hand corner reads:

 

Total Penalties 254.00

Total Interest on Penalties 26.12

Total Owed before Interest 280.12

 

Should the last line be Total Owed including Interest? Obviously that is what the calculation is, so just raising this I guess - I know how to amend this myself - unless anyone knows why it is before rather than including?

 

It means total owed before contractual or statutory interest - the total being Total Penalties + Total Interest on Penalties.

 

T4FF

IMO it should mean 'before Statutory 8% Interest from date service of N1'.

 

Contractual interest does not apply, adding the interest charged by them to the claim is simply calculating the redress needed - it's an integral part of the claim.

 

Once served, you can ask for 8% SI from the court when you win.

 

So: They've penalised you £1000. They've added £200 interest. Your claim is £1200. From the date of service of MCOL/N1, the amount goes up at 8% p.a.

 

 

IMO - Hope this helps.

 

T.

 

Sorry T but you've got that wrong. You can't claim for contractual interest as well as statutory - only one form of interest is allowable. It should read as it does on the spreadsheet.

 

EDIT: Sorry T, I think I mis-read what you've written. You're referring to contractual interest as Interest Paid on Penalties (I think).The spreadsheet refers to contractual interest as interest you can add to your claim at the bank's contractual rate (either authorised or unauthorised interest rate) - but this is done in place of statutory interest. :)

 

where the hell is mindzai is what im wondering :p

 

Mindzai has been extremely busy lately and we have still got restricted access to the PC which is a pain. I'm keeping track of all of your questions and they are all going to be dealt with but probably not until Mindzai's on holiday from work - Easter Monday onwards. I've also suggested that Mindzai makes the notes section of each spreadsheet much more detailed in the hope that it will answer most potential questions. I appreciate this doesn't help people presently using the sheets for their claims who are waiting on questions being answered, but I'm afraid Mindzai just doesn't have time at the moment. :)

 

Thanks, Lucid :)

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Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

[sIGPIC][/sIGPIC]

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It means total owed before contractual or statutory interest - the total being Total Penalties + Total Interest on Penalties.

Thanks for clearing up Lucid and also for giving us an update of situ with Mindzai.....unfortunately it is often forgotten that the likes of you do this voluntarily and actually have their own lives to live too.

 

Keep up the good work ;)

If my post has been useful, tip my scales and let me know

 

Always start with the User guide!

Stuck with RBS charges? Click here!!

 

RBS CA1 £2794 SETTLED!!! RBS CA2 £503 SETTLED!!! HBOS CC £498 SETTLED!!! Barclaycard £705 (with CCI) ONGOING!!! NATWEST CA ONGOING!!! LLOYDS CA x 2, CC, LOAN ONGOING!!! HFC LOAN ONGOING!!!

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Hi T4FF,

 

Thanks - I hope you were inlcuding the site MODS/helpers in that too as everybody on here is voluntary. I'm sureyou were but just wanted to point that out to anybody who might not realise. :)

 

Lucid :)

Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

[sIGPIC][/sIGPIC]

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Sorry yes "the likes of you" was implied that way - those that provide a greater service to everyone on this site.

If my post has been useful, tip my scales and let me know

 

Always start with the User guide!

Stuck with RBS charges? Click here!!

 

RBS CA1 £2794 SETTLED!!! RBS CA2 £503 SETTLED!!! HBOS CC £498 SETTLED!!! Barclaycard £705 (with CCI) ONGOING!!! NATWEST CA ONGOING!!! LLOYDS CA x 2, CC, LOAN ONGOING!!! HFC LOAN ONGOING!!!

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Is there any way to remove the compunded bit from mindzais wonderful spreadsheet without completely ballsing it up? i want to claim simple contractual interest without the compounded bit. i've had nightmares with many different spreadsheets (inc. vampiressess google ones) and the thought of having to input all them blasted figures again is giving me a headache:o

I've got as far as to unprotect it, but what now?

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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You would need to change the interest rate on the 8% statutory interest tab, as statutory interest is calculated as simple interest. Then you would have to change all of the headings describing 8% statutory interest. You would need to completely ignore the current contractual interest tab.

 

But contractual interest is calculated in the contract as compound interest - not simple. So really claiming simple interest at the contractual rate (either authorised or unauthorised borrowing rate) is a made up rate. This may not matter as they are likely to settle beforehand but looking at it from the "you will have to turn up to court to argue your case" point of view then how would you explain where you got that rate from? Possibly something worth considering. :)

 

Good luck. Lucid :)

Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

[sIGPIC][/sIGPIC]

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You would need to change the interest rate on the 8% statutory interest tab, as statutory interest is calculated as simple interest. Then you would have to change all of the headings describing 8% statutory interest. You would need to completely ignore the current contractual interest tab.

 

But contractual interest is calculated in the contract as compound interest - not simple. So really claiming simple interest at the contractual rate (either authorised or unauthorised borrowing rate) is a made up rate. This may not matter as they are likely to settle beforehand but looking at it from the "you will have to turn up to court to argue your case" point of view then how would you explain where you got that rate from? Possibly something worth considering. :)

 

Good luck. Lucid :)

 

Thanks Lucid for the response.

 

I have been advised to possibly take this route. It is not a certainty at present.

I did intend to go the whole hog, 11 years worth of charges and interest + compounded CI, and having entered all the necessary details onto mindzais' spreadsheet my claim totals up to a wopping £17,642.60 inc. interest:shock:

I figured that as I am making my claim just that little bit more interesting by going beyond the 6 year limitation (this is my third claim all-in-all), and on reading Bongs thread, did I really need to over complicate things with the CI issue.

 

I've just managed to copy and paste most of my info onto vamps google spreadsheet for 'simple' contractual interest and that totals £3,977.24 inc. interest which seems far more reasonable.

 

In answer to your the point you've made regarding the unauthorised borowing rate, which is a fair point and openly welcomed, (so much so I'll post it in my thread to see what comes up) I obtained this from Halifaxs' website, so my answer to Mr judgy would be exactly that:p

 

You've probably guessed that i am out of my comfort zone and am meerly researching the best option before I start reclaiming. My PRELIM is draughted but not ready to go as yet:)

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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Hi Muggins,

 

Sorry - when I said how would you explain the rate I meant the form of interest, not the actual figure (interest rate). Sorry, I probably didn't phrase it too well. In terms of contractual interest and the form that exists in the contract, it is compounded. I just meant that using the unauthorised borrowing rate but calculating it as simple interest was a made up rate/form of interest (in terms of the contract).

 

I can certainly see why you would want to opt for simple calculations instead of compound and you are very sensible to stay away from compounding if the resulting total is as high as that. :D Although I don't agree that contractual interest can be anthing other than compounded, everybody has to do what is right for them and it is good to hear that you are taking your time before sending off the prelim.

 

Lucid :)

Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

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Hi Lucid,

Honestly, no need to be sorry as your input has definately been taken onboard.

However, how come vampiressess spreadsheets gives us a choice of one including compounded CI and one that is simply CI?:confused::confused: Or have i got that all mixed up too?

I'm seriously beginning to wish I'd never entertained CI, compounded or otherwise:)

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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Vampiress' spreadsheets tailor for both calculations I believe to give people the option. When we first entertained the idea of claiming contractual interest (back in August 06) there wasn't a spreadsheet for contractual interest. People were using Vampiress' original statutory interest sheet and changing the interest rate - creating simple interest but at a higher rate. Mindzai produced his spreadsheet so that people could calculate contractual interest accurately (by compounding), and then Vampiress' Chambers soon followed. It was argued that the bank and court were hardly going to argue that you are claiming less in interest (by claiming simple in place of compound), but contractual does mean the interest that exists in the contract - and simple interest doesn't ecist in he contract.

 

But I think that people have claimed simple interest at a higher rate and it has been awarded. As I said it's up to you what you do, and the forum supports contractual interest in simple and compound forms - I just don't agree. :D

 

Lucid :)

Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

[sIGPIC][/sIGPIC]

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Well thats clarified that then:) I love a bit of clarity me.

 

I'm glad I'm not the only one who thinks that my compounding totals are a bit on the high side. I think the judge would have a fit, seeing as though i'm not only going for 11 years worth but compound too. If I was a bank I'd take me to court for that amount. your comment has helped make my mind up in that respect, it's gonna have to be the simple interest @ 29.8% or the 'ole faithful statutory, me thinks. For this much, I am truely grateful. ;)

 

With reference to the google spreadsheet, this does not appear to inc. the interest paid on the penalties. Seeing as thoough you know what you are talking about, i take it that there is a reason for this.

 

Just out of interest (pardon the pun), do you know of anyone who's actually won beyond the 6 year limitation and compounded CI? I've located some seperatley but not the two together.

 

One more question, if i may, i understand that you claim CI from the offset, is this the same for the simple higher rate or do i add this on when (and if) i have to begin court proceedings as with statutory?

:DSUCCESSESS:D

NATWEST01&02 won over 4k

See how

http://www.consumeractiongroup.co.uk/forum/natwest-successes/31683-muggins73-natwest.html

 

:)CURRENT CLAIMS:)

HALIFAX03

19-SEPT-07 APPLICATION TO HAVE STAY LIFTED

02-OCT-07 APPLICATION REFUSED

LLOYDS TSB04

10-MAY-07 LBA

 

ABBEY05

19-SEPT-07 LBA

 

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Muggins.

Yours is a large claim and will be fought all the way. Unless you have been over your overdraft limit 75% of the time, you can forget

29.8%. Use the contractual rate (compounded)- because that is what you have been paying- and pm me with your e-mail address, I will send you a finely tuned version of Mindzais. You do not need to fill the whole sheet out again one by one, just cut and paste it column by column(2 mins job).

You can get away with compounded unauthorized interest (29.5%)on smaller claims (say £2-£2.5k).

Yes I have won compounded unauthorized rate.

Start your claims with CI, if you have not it does not matter, but send in another LBA.

regards Leech

http://www.consumeractiongroup.co.uk/forum/site-questions-suggestions/53182-cant-find-what-youre.html#post436526

click my scales if you think i am helpful ! yes LHS down there !!

Once more into the breach dear friends,once more

or close the wall up with our banks dead ,

The games afoot,follow your spirit and upon this charge

Cry 'God for Harry' England and St George

Henry V battle of Agincourt 1415

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With reference to the google spreadsheet, this does not appear to inc. the interest paid on the penalties. Seeing as thoough you know what you are talking about, i take it that there is a reason for this.

 

Hi muggins,

 

I believe there are a few different google spreadsheets - some with interest paid on penalties and some without. The reason probably being that not everybody wants to claim interest paid on penalties so it's easier for them to use a spreadsheet without.

 

Lucid :)

Mindzai & Lucid vs Lloyds TSB

*Won unconditionally with contractual interest (29.85% compounded)

Lucid's Account - £749.62 * Joint Account - £2019.64 * Mindzai's Account - £595.65

*All settled in full - 6/2/07

*Hearings - 7/2/07

*Prelims sent - 9/8/06

_______

GOT A COURT DATE? A guide to the later stages

 

[sIGPIC][/sIGPIC]

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