Jump to content


  • Tweets

  • Posts

    • ae - i have no funds to appoint lawyers.   My point about most caggers getting lost is simply due to so many layers of legal issues that is bound to confuse.  
    • Lenders have a legal obligation to sell the property for the best price they can get. If they feel the offer is low they won't sell it, because it's likely the borrower will say the same.   Yes.  But every interested buyer was offering within a range - based on local market sales evidence.  Shelter site says a lender is not allowed to wait for the market to improve. Why serve a dilapidations notice? If it's in the terms of the lease to maintain the property to a good standard, then serve an S146 notice instead as it's a clear breach of the lease.   The dilapidations notice was a legal first step.  Freeholders have to give time to leaseholders to remedy.  Lender lawyers advised the property was going to be sold and the new buyer would undertake the work.  Their missive came shortly before contracts were given to buyer.  The buyer lawyer and freehold lawyers were then in contact.  The issue of dilapidations remedy was discussed..  But then lender reneged.  There was a few months where neither I nor freeholders were sure what was going on.  Then suddenly demolition works started.   Before one issues a s146 one has to issue a LBA.  That is eventually what happened. ...legal battle took 3y to resolve. Again, order them to revert it as they didn't have permission to do the works, or else serve an S146 notice for breach of the lease   A s146 was served.  It took 3y but the parties came to a settlement.   (They couldn't revert as they had ripped out irreplaceable historical features). The lease has already been extended once so they have no right to another extension. It seems pretty easy to just get the lawyer to say no and stick by those terms as the law is on your side there.  That's not the case   One can ask for another extension.  In this instance the freeholders eventually agreed with a proviso for the receiver not to serve another. You wouldn't vary a lease through a lease extension.  Correct.  But receiver lawyer was an idiot.   He made so many errors.  No idea why the receiver instructed him?  He used to work for lender lawyers. I belatedly discovered he was sacked for dishonesty and fined a huge sum by the sra  (though kept his licence).  He eventually joined another firm and the receiver bizarrely chose him to handle the extension.  Again he messed up - which is why the matter still hasn't been properly concluded.   In reality, its quite clear the lender/ receiver were just trying to overwhelm me with work (and costs) due to so many legal  issues.  Also they tried to twist things (as lawyers sometimes do).  They tried to create a situation where the freeholders would get a wasted costs order - the intent was to bankrupt the freeholders so they could grab the fh that way.   That didn't happen.  They are still trying though.  They owe the freeholders legal costs (s60) and are refusing to pay.  They are trying to get the freeholders to refer the matter to the tribunal - simply to incur more costs (the freeholders don't want and cant's afford to incur)  Enfranchisement isn't something that can be "voided", it's in the Leasehold Reform Act 1967 that leaseholders have the right to.... The property does not qualify under 67 Act.  Their notice was invalid and voided. B petition was struck out. So this is dealt with then.  That action was dealt with yes.   But they then issued a new claim out of a different random court - which I'm still dealing with alone.  This is where I have issues with my old lawyer. He failed to read important legal docs  (which I kept emailing and asking if he was dealing with) and  also didn't deal with something crucial I pointed out.  This lawyer had the lender in a corner and he did not act. Evidence shows lender and receiver strategy had been ....  Redact and scan said evidence up for others to look at?   I could.  But the evidence is clear cut.  Receiver email to lender and lender lawyer: "our strategy for many months  has been for ceo to get the property".  A lender is not allowed to influence the receivership.   They clearly were.  And the law firm were complicit.  The same firm representing the lender and the ceo in his personal capacity - conflict of interest?   I  also have evidence of the lender trying to pay a buyer to walk.  I was never supposed to know about this.  But I was given copies of messages from the receiver "I need to see you face to face, these things are best not put in writing".  No need to divulge all here.  But in hindsight it's clear the lender/ receiver tried - via 2 meetings - to get rid of this buyer (pay large £s) to clear the path for the ceo.   One thing I need to clarify - if a receiver tells a lender to do - or not to do - should the lender comply? 
    • Why ask for advice if you think it's too complex for the forum members to understand? You'd be better engaging a lawyer. Make sure he has understood all the implications. Stick with his advice. If it doesn't conform to your preconceived opinion then pause and consider whether maybe he's right.
    • The Barclay Card conditions is complete. There was only 3 pages. This had old address on. Full CCA. 15 pages. The only personal info is my name and address. Current Address The rest just like a generic document.  Barclays CCA 260424.pdf
  • Recommended Topics

  • Our picks

    • If you are buying a used car – you need to read this survival guide.
        • Like
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
        • Like
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like

Mis - Selling of Loan PPI policy


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 6320 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi Guys!

 

I had taken out a secured loan for 25K last year, with this came the PPI and interest charges which would total around 35K after 25 years.

 

I clearly explained to them on the telephone before taking out the loan and PPI that my employment is on a temporary short contract. I am now unemployed and proceeded with a claim for unemployment.

 

They said I did NOT meet their criteria for my claim to proceed because of my employment status.

 

I contacted their insurance department to look into my case as I believe I was mis - sold an insurance policy.

 

They investigated by listening into the telephone conversation which clearly stated my employment status and now they have agreed to issue a cheque for £3000. (I am awaiting this through the post)

 

On the basis of this, I was wondering if there was any possilbility of cancelling the whole loan as I am having difficulty getting any Unemployment Protection cover.

 

I did NOT want the loan unless I was COVERED.

 

Is there anway to make the loan Unenforceable due to the appalling mis-selling of the loan and insurance policy? I await any feedback, hope you can advise me.............

 

Best wishes for the New Year!

 

Shark

Link to post
Share on other sites

Guest NATTIE

Are you saying you did not spend the money? You cannot dodge paying the loan back because the PPI was mis sold as the PPI has now been refunded to you.

Link to post
Share on other sites

Dear natweststaffmember,

 

I have just received a letter confirming the error made by the Customer Account Manager re:Complaint I made for appaling mis selling of loan PPI.

 

The PPI is for both myself and my wife. The amount of £3000 they are issuing is the difference between the policy that was recommended and the cost of the insurance IF it had only been recommended for my wife.

 

I have not signed an acceptance to this offer as I firmly believe I was NOT buying what I wanted.

 

For instance, if I went to a showroom and asked to buy a red coloured car, I don't expect to come away with a green coloured car.

 

Also, I am not trying to 'dodge paying the loan'.

 

It is a matter of principle, the quicker the likes of large corporate organisations realise they cannot keep steamrollering over the general public and think no one will TRY to do something to challenge their ways, the better it will be for the rest of the people who are trying to get a FAIR deal.

 

Again, I welcome any feedback in my pursuit of justice, please comment/advise.

 

Best wishes,

 

Shark

Link to post
Share on other sites

Dear natweststaffmember,

 

I believe the money for the loan is not the issue, it is the principle of being mis sold something I did not want.

 

In response to your question, I have money to repay the loan but there is a high penalty charge to settle early.

 

Do you have a solution?

 

Please advise,

 

Regards,

 

Shark

Link to post
Share on other sites

Hi Shark,

Firstly the high penalty charge that they will charge you for early settlement is a PENALTY CHARGE, As with all penalty charges this charge will also be unlawful, I cleared my Firstplus loan early and they charged me over £750 as an early settlement penalty charge, Did I accept that..Did I hell..Im due in court with Firstplus to recover this Charge on 05/02/2007.

 

With a secured loan you will also have legal fees to remove their security on your property, this I would expect to be in the region of £150 and I doubt if there is any way that you can avoid paying that.

 

Re the mis selling of the PPI Policy I would go for the whole cost of the policy and interest at the contractual rate (ie the same APR rate that you are being charged for the loan) from the date that the payment for the policy was taken out. I pressume the policy cost was like mine added onto your main loan ?

 

When they give you a settlement figure for your loan I would also ask them for a full breakdown of how they worked the settlement figure out and also ask for a breakdown of any Early Settlement Charges.

 

Once you have these you can give me a shout if you want any more info.

 

Also just for your Interest the Tonight with Trevor McDonald programme are running a programme on Payment Protection Insurance on Friday 12th January 2007. I had the film crew from Granada here yesterday to film an interview for that programme.

 

Good Luck with your claim ...

 

Ian

 

PS -- Hiya Natty -- good to see you back and helping kicking ass on here again m8..

  • Haha 1

Lloyds TSB -PPI - Full refund . 05/09/06 :D:p (As Seen on TV) :p

Halifax settled in Full.. :D 22/09/06

TSB First Claim SETTLED IN FULL 19/10/06 :D

Second Claim to Lloyds TSB - Settled in Full

Firstplus - early settlement interest charges - Challenged the use of the rule of 78 - SETTLED IN FULL 12/1/07

PPI - GE Money / Purpleloans / Firstplus - Now Settled after 1 year long hard fight.

 

 

 

If my post has helped you, please click the scales! :grin:

 

Anything said is my opinion and how I understand the law, always consult professional legal advice before taking something to court.

Link to post
Share on other sites

Hi Reidnet,

 

Your advice is much appreciated, I look forward to your interview on the Tonight with Trevor McDonald programme on 12th of Jan.

 

Regards,

 

Shark

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...