Companies in Default/FSCS Claims - Picture, London Scottish, Twopart

di3004

busbyh wrote: »

Di, it is so very confusing. I really don't understand your case I hope you hear something from them tomorrow

Hi hun.....yes very confusing indeed.......

Basically the confusion is here is:
Why do they require the remortgage details when it was Nemo who refinanced our TWOPART loan?
They already have the Nemo details as Nemo sent them themselves and it have been confirmed by FSCS and Deloittes.

Both the FSCS and Deloittes never seem to explain anything in detail, so annoying isn't it?

Thanks hun, hope you hear too.;)

honestbob

:rolleyes: Hello again everyone, not been on for a while as i have been really busy. Sorry to see your still not paid out Di, i have no news and think its time i rang deloittes again, any good phone numbers appreciated folks.

di3004

honestbob wrote: »

:rolleyes: Hello again everyone, not been on for a while as i have been really busy. Sorry to see your still not paid out Di, i have no news and think its time i rang deloittes again, any good phone numbers appreciated folks.

Hi Honestbob

Hope your well and thank you.;)

Hope things are going well for you.

I will try to find those tel numbers, unless someone posts up before me.:D

pengi

Hi all - no news for me again today!:eek:

Bob i will PM you a couple of numbers.;)

di3004

Honestbob

Pengi will pm you with a few of the numbers, been trying to find my old letter from Deloittes and cannot find it.......

Cheers for doing this for honestbob pengi.;)

marshallka

di3004 wrote: »

Hi hun.....yes very confusing indeed.......

Basically the confusion is here is:
Why do they require the remortgage details when it was Nemo who refinanced our TWOPART loan?
They already have the Nemo details as Nemo sent them themselves and it have been confirmed by FSCS and Deloittes.

Both the FSCS and Deloittes never seem to explain anything in detail, so annoying isn't it?

Thanks hun, hope you hear too.;)

As this is the FSCS they do not pay interest as such (in the form of the 8% statutory!!) do they?? I know they have tried to do this by paying people interest on their redress from the DATE the firm went into default to the date they pay out.................. I wonder if when a loan is settled they work out the amount of the redress and then calculate the interest from the date the firm was declared in default to the date they make the payment hence the reason why they do not calculate from Nemo. The first loan went onto the Nemo loan and then the Nemo went to the mortgage. At the date they were declared in default you had paid both loans onto the mortgage.... Just a thought...???????

If you look at the redress's paid to people they calculate the extra interest ONLY from the date of the firm being declared in default?

di3004

marshallka wrote: »

As this is the FSCS they do not pay interest as such (in the form of the 8% statutory!!) do they?? I know they have tried to do this by paying people interest on their redress from the DATE the firm went into default to the date they pay out.................. I wonder if when a loan is settled they work out the amount of the redress and then calculate the interest from the date the firm was declared in default to the date they make the payment hence the reason why they do not calculate from Nemo. The first loan went onto the Nemo loan and then the Nemo went to the mortgage. At the date they were declared in default you had paid both loans onto the mortgage.... Just a thought...???????

If you look at the redress's paid to people they calculate the extra interest ONLY from the date of the firm being declared in default?

Hi Marshallka

Yeah I know what you mean.
When asking them though they do not say anything in detail.

I am hoping to find out more on this tomorrow.;)

Edited:
Marshallka, hubby just said when I shown him your post, although he cannot remember the full conversation in detail, that what you said about Twopart going into Nemo then the remortgage side of things, the guy mentioned there are issues with that and thought he mentioned it could be an interest matter.
Can't wait to know for sure on this.

di3004

Still doesn't make sense though does it?
As they want details of the ppi amount as posted yesterday, which C&G will not have, they will only have the details of the remortgage, but the letter from Deloitte does not ask anything for them, only the details on the ppi, redemption and stuff like that.....

di3004

It would be easier to know by someone else who have gone through the same on this one really wouldn't it, by them already settling on the last one by remortgaging, and claiming on the first?

pinknico

I have not seen anyone being paid out yet on a settled loan but by the questions being asked I would expect you to get back the interest on the PPI amount from the time you settled with Two part until you settled with Nemo and then again from the time you settled Nemo with C and G to the time Two part were declared in default.

If that makes any sense!