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mortgage interest calculated wrong


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did anyone else read the article in the sun about the audit of abbey mortgages and that for the sample that was selcted the interest on all of them were calculated incorrectly and surprise surprise all were in favour of the bank (ie over calculated interest)

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Yes I read the article. It is about time all the mortgages were sampled as I am sure there is more than Abbey who have miscalculated interest. 1 person had over 56k returned to them...how the hell was that allowed to happen. And they blamed it on human error.....because it seems now the calculate each accounts interest by hand ;-)

 

In future i will be checking my own payments and not taking them as right for granted!

All advice is based on my experiences. I am NOT qualified and as such cannot be held responsible for any mistakes. If in doubt...get professional help.

If you like what i have said then make me a star!!

Some helpful links

I have been successful in many cases..here are links to some

Housing Act and deposits: http://www.consumeractiongroup.co.uk/forum/showthread.php?266260-Deposit-being-withheld.-Please-advise&highlight=

Against Natwest: http://www.consumeractiongroup.co.uk/forum/showthread.php?278646-N-west-v-Mrsfoot-s-Son.-***WON_ALL-CHARGES-REFUNDED***&highlight=

Against Swift Advances: http://www.consumeractiongroup.co.uk/forum/showthread.php?46576-Me-V-Swift&highlight=

Against B&Q: http://www.consumeractiongroup.co.uk/forum/showthread.php?172878-Me-vs-B-amp-Q&highlight=

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