The TMB, Challenor Investments and a Mis-sold Mortgage

FraudBuster

Cashpig74 wrote: »

i am done with all of you., thanks for everything but i think i'll carry on as i am with my own thing.

mortgage advisor person, you're a real star - thanks for clearing up a complex case in a matter of seconds - what a wizz...

I hoped that you were leaving this Forum.

:T

Cashpig74

HelpWhereIcan wrote: »

and by the way - I know exactly how they did it. I know exactly how it was presented to the lender and THAT is why I know it is hugely unlikely that it was all done with you having no knowledge at all.

How do I know? Because I have had my clients come to me having been presented BMV schemes like this to get my advice and opinion on it and because I made it my business to know just in case there was something about it I did not understand.

Some people call it knowing how to do my job.

SMUG PRIKK YOU SOLVED A CASE THAT'S BEEN GOING FOR MONTHS IN ONE HOUR?

!!!!!!. FUK OFF

Cashpig74

FraudBuster wrote: »

I hoped that you were leaving this Forum.

:T

i hoped u were !!!! but hey - we dont always get what we want..

HelpWhereIcan

Cashpig74 wrote: »

YOU ARE A SELFRIGHTOUS C*UNT.

STOP POSTING ME SH*IT.

YOU KNWO FUK ALL ABOUT ME OR THIS CASE AND YOU ARE GETTING YOUR "FACTS" WRONG IN THE PROCESS.



I TRIED IT ON AND GOT SCREWED IN THE PROCESS? i'LL SUE YOUR FUKING !!!! FOR DEFAMATION OF CHARACTOR.

:rotfl: You sad, sad little man.

Go try and flog a few more saps the idea you can get their debts written off if they pay the firm you represent £495.

I await your legal papers with interest

Cashpig74

HelpWhereIcan wrote: »

:rotfl: You sad, sad little man.

Go try and flog a few more saps the idea you can get their debts written off if they pay the firm you represent £495.

I await your legal papers with interest

I represent no one. I will send you nothing. You are nothing but a self absorbed prik.

lazza_w

Cashpig, there are a lot of people on this site who give their time and dvice for free. Being beligerent with the advice that they give from the first page doesn't encourage people to help you, but despite your early posts you have received a lot of helpful advice.

Calling people names and TYPING IN CAPITALS doesn't make you sound more authorative. It just makes you sound a bit desperate. Sniping at people's typos (when they are actually just quoting your own posts verbatim) and then doing typos yourself is foolish. Stating that you will not post any more then returning to write angry replies diminishes the impact of your posts.

I understand that you have lost a lot of money but, if you read back through what you have written here, it is obvious that you had many opportunities to avoid getting yourself in this situation. I suspect (but don't know) that few if any laws have been broken by other parties - lawyers are there for a reason - but bending of the rules has occured in the expectation that property prices would continue to rise. If they had done so then all parties would have made a profit. Property prices didn't so someone had to make a loss. That was you. As one poster said, caveat emptor.

Unfortunately greed/expectation of profit/hope/being told what you wanted to hear took precedence over caution so you took risks. The risks that you took are summarsied in the quote below

I signed everything I was given, my earlier posts do say that I was not privy to all the paperwork at the time. Things were filled in on my forms after they were signed - a fact I now know.

Signing blank forms blindly was a foolhardy step. I'm sorry it has come back to haunt you so badly but if you didn't fully understand what you were signing or the associated risks then, unfortunately, you only have yourself to blame.

Please don't call me something rude for writing a considered response to reading several pages of this thread.

Cashpig74

lazza_w wrote: »

Cashpig, there are a lot of people on this site who give their time and dvice for free. Being beligerent with the advice that they give from the first page doesn't encourage people to help you, but despite your early posts you have received a lot of helpful advice.

Calling people names and TYPING IN CAPITALS doesn't make you sound more authorative. It just makes you sound a bit desperate. Sniping at people's typos (when they are actually just quoting your own posts verbatim) and then doing typos yourself is foolish. Stating that you will not post any more then returning to write angry replies diminishes the impact of your posts.

I understand that you have lost a lot of money but, if you read back through what you have written here, it is obvious that you had many opportunities to avoid getting yourself in this situation. I suspect (but don't know) that few if any laws have been broken by other parties - lawyers are there for a reason - but bending of the rules has occured in the expectation that property prices would continue to rise. If they had done so then all parties would have made a profit. Property prices didn't so someone had to make a loss. That was you. As one poster said, caveat emptor.

Unfortunately greed/expectation of profit/hope/being told what you wanted to hear took precedence over caution so you took risks. The risks that you took are summarsied in the quote below

Signing blank forms blindly was a foolhardy step. I'm sorry it has come back to haunt you so badly but if you didn't fully understand what you were signing or the associated risks then, unfortunately, you only have yourself to blame.

Please don't call me something rude for writing a considered response to reading several pages of this thread.

Are you an idiot? Greed? So should an investment opportunity be about what? NOT making money? Fool.

Besides, I never once said the forms were BLANK - I said certain bits of information were added after I signed them. These documents were 20 pages long, some i was told I didnt need to fill in, and you dont sign every page, you sign the last page... other areas where filled in...

jesus....

Cashpig74

there is one fact here.

NO ONE in this forum is in possession of the ful facts so one one is of any use to me whatsoever. There has been no useful advice, just bulls*hit.

thanks.

opinions4u

Cashpig74 wrote: »

Are you an idiot? Greed? So should an investment opportunity be about what? NOT making money? Fool.

An investment can lose money. It is the nature of the beast.

Besides, I never once said the forms were BLANK - I said certain bits of information were added after I signed them. These documents were 20 pages long, some i was told I didnt need to fill in, and you dont sign every page, you sign the last page... other areas where filled in.

I get a kick out of making dental receptionists fill in the NHS forms before I sign them. They always offer them blank, and I always refuse to sign until they are complete.

If you are going to leave sections blank on any document in future, ensure that the paperwork is forwarded to you once those blanks have been completed. In a property transaction that will give you the opportunity to get your lender or solicitor to check the copy of the form they have against the copy of the form you have.

Ultimately, I wouldn't sign any form until the form was complete. Pain in the backside if you have to waste another half hour visiting the broker I suppose. I guess you were worried you'd miss out on your bargain property.

As I see it, you asked a broker to get you £150k worth of finance to buy a property with. You asked them to use their contacts to get this through on a property where there was a 15% vendor deposit.

You didn't stop to ask "if this place is worth £180k, why are they selling it to me for £150k?". You simply pocketed an instant £30k profit in your head.

You come on here and tell people what has happened. Asking for their views. They tell you what they think and you don't like it, so you respond aggressively telling them they know nothing.

All I know is that it looks like your broker and your solicitor (who I assume you didn't choose but was offered to you) sound like they are trying to obtain mortgage funds by deception.

It is also likely that the valuer is incompetent and at that time just valued everything at the purchase price. It is also likely that the lender's own staff didn't carry out checks in the way they should. Which put the lender at risk of loss.

You admit to having signed an incomplete form. While I think it is likely that you did this in good faith, it also leaves the door open for the police to consider whether or not the form you signed is effectively you trying to obtain mortgage funds by deception.

As such, I think it would be wrong for the Ombudsman to investigate until the police enquiry is complete.

Assuming you have been "done over" they will then need to establish if your loss was caused by the broker, the lender or your own investment strategy.

My view, as I stated previously, is that you didn't consider the possibility of property values falling and you wanted to borrow £150k and that's exactly what you got.

As such, you are responsbile for your own losses.

I bought HBOS shares. I blame Andy Hornby and Peter Cummings for their current value (as LBG shares), but I alone was responsible for buying them. I didn't have to do it.

You bought a turkey. Accept the consequences.

Mr_E_Man_2

Cashpig74 wrote: »

there is one fact here.

NO ONE in this forum is in possession of the ful facts so one one is of any use to me whatsoever. There has been no useful advice, just bulls*hit.

thanks.

You asked in your first post:

Has anyone ever come accross these "gifted deposits" - "discounts" and dodgy "valuations" before?

From what I've read, lots of the professionals on here have come across "gifted deposits" and it isn't illegal.

As for the FOS looking into the complaint, it doesn't mean that somebody has committed a crime against you, it just means that they are looking into the complaint. Until they have finished their investigation nobody has been wronged.

Stop winging, let the FOS and Police do their investigations and move on. You are wasting everybodies time and energy.