The bank have screwed up and im going to loose a lot. What can I do

Legacy_user

Hi Everyone

further to my other thread, the bank (NR) have screwed up. Basically even though I indicated same day transfer and they have admitted it. They say that they cant fix it.

Now this guy im buying the website from said it was conditional on transfer tonight or he will sell it on to someone else (the price i got was a favour if you see what i mean)

So where do I stand now, I havent got 6K hanging round. the only thing I could do get a barclayloan (Ackkk) @ 17 for a few days (ie money is paid in on tuesday)

Any ideas, please, as im kinda screwed up now.

lynzpower

Why cant they fix it? Tell them to sort it or you will take them for liquidated losses

A loan for a few days isnt the end of the world, if its less than a week? Unless there are early redemption penalties

Ask them to sort you an overdraft for a week for free as a gesture of godwill

Just a few thoughts

kuohu

13000 wrote:

Now this guy im buying the website from said it was conditional on transfer tonight or he will sell it on to someone else (the price i got was a favour if you see what i mean)

Sounds like a good salesman.

Don't panic... he can wait. He's just trying to close the deal.

System

Well been on the phone to NR again and they cant sort it. BS I say. They reckon they cant stop a bacs transfer. Bet it if was there money they could.

Lol I got turned down for a barclayloan in the end too, prolly cause im suing them for unfair bank charges!

Im so peed off about this, that im gonna take my mortgage away from them on point of principle.

spud30

Hi 13000,

It is possible to stop a BACS file, but it depends when NR have processed it.

If they have done it today, it can be stopped, but they would be charged around £200 for the priviledge. They would need to ring BACS and ask them to remove the file before it is processed.

If they did it yesterday, then I'm afraid they cannot stop the payment.

Sorry I cant help more.

System

Lol Spud, they wont even do that. They are first class plebs (i had to revise that last sentance !)

amosworks

Good gods, what on earth are you paying £6k for?

homersimpson_3

Now this guy im buying the website from said it was conditional on transfer tonight or he will sell it on to someone else (the price i got was a favour if you see what i mean)

how long will this 'guy' take to find someone else/sell it to them? do you trust him- why can't he wait?

Good gods, what on earth are you paying £6k for?

- agreed. again i ask has accountant checked books?

MCBIRNIE25

Sounds like the hard sell doesn't it. like the biz opps you get through the post all the time, buy by midnight tonight or the super super price goes up by 3 million percent, rubbish.Used to sell cars, and have used this one myself.
Hope it all works out for you friend.
MCBIRNIE25

bargainbetty

If it is a legitimate deal then he will wait a day or two, particularly as the bank will be able to issue you with a letter confirming the transfer has gone through.

I have to echo the others though - what website are you buying? URL registration is a lot cheaper than that - even if you need something a bit specific in the title - unless it is already associated with an existing business.

amosworks

I'm sure we can get you a better deal