Advice Please

Thrugelmir

Southern Pacific were one of Lehmans Bros sub prime lending operations in the UK. Lehmans went bust so the mortgage book has been broken up and sold on.

Makes no difference to you who you owe the debt to.

All mortgage companies and organisations are regulated as they have to be registered with the FSA in order to conduct business in the UK.

genguskhan

Went to the FSA & spoke to a lovely chap there,he told me mortgage funding 08-1 are not regulated with the FSA,but wilmington trust have a CCA credit licence with the OFT & that they only hold that licence on loans under 25k,but mine is a 1st mortgage over the 25k, I have also received a letter from Homeloans stating I should note MF08-1 as first mortgagee on my buildings insurance.

Does anyone think I should take legal advice over this,with the info I have received from the FSA?

luckyfool

Feel free to waste your money on taking legal advice. Are you disputing that you owe the money? Are you hoping to get the mortgage written off on a technicality? This whole post seems monumentally pointless as I cannot see what it is you are complaining about.