Anyone claimed fees back from regency mortgage corp?

dunstonh

Might be clutching at straws but maybe the 30% includes VAT

Almost certainly doesn't. Your fee agreement with them should confirm if it is or isnt. The service is vatable so someone has to pay it and bills are nearly always fee plus VAT.

tigger69

Maybe Tigger40 will have a check with the fee agreement and let us know for sure, as you've said dunstonh it is almost a certainty that VAT will be added on top.
However I wouldn't know where to start with something like this, so maybe for some its worth the costs, obviously would be better if you could sort it out ourselves.

tigger40

hi guys... i will write down what they have given me ....

HOW MUCH DO WE CHARGE?

we do not charge any upfront costs. You will receive 100% of the compensation for a successful professional negligence claim subject to the terms and conditions of our panel solicitors. Any damages for a Payment Protection Insurance or mortgage miss-selling claim are subject to a 30% success fee.

if you need to know anything else... let me know...

dunstonh

we do not charge any upfront costs. You will receive 100% of the compensation for a successful professional negligence claim subject to the terms and conditions of our panel solicitors.

This means they are not using the free of charge FSA regulated complaints process. By going down the legal route it actually reduces the chance of success as the courts do not consider things that the FOS would consider. Even Black Horse have won court cases where the FOS would have ruled in the favour of the consumer.

Why not save 30% and use the free of charge process. Especially as its more likely to succeed.

Arbo

I got the same letter, called them and got some info the will take 30% from what you win, others will take 25%, so I am going to my Solistor and get them to look at it.

Arbo :beer:

tigger2004

hi there can anyone help? we had the cold calling we had the appointment etc we have also signed the paper work! is there a way we can get out of this contract? it was signed 12 hours ago on the 22nd june 2011 at dinner time. do we have 14 days cooling off? it seems a scam now but we've signed and he took copies of id and everything so can we get out of it without paying? should we just let them carry on? please someone help. x

dunstonh

tigger2004 wrote: »

hi there can anyone help? we had the cold calling we had the appointment etc we have also signed the paper work! is there a way we can get out of this contract? it was signed 12 hours ago on the 22nd june 2011 at dinner time. do we have 14 days cooling off? it seems a scam now but we've signed and he took copies of id and everything so can we get out of it without paying? should we just let them carry on? please someone help. x

Yes, you should have a cooling off period. The contract he left should verify this.

tigger69

Both my husband and I have had several letters from Premier law ltd, today we got a final claim reminder and I have come back here to see if their is any further updates as I am still tempted to give them a ring and arrange a home visit. Still got that niggling feeling though, not helped by the Who calls me website, quite a few negative comments and then 4 or 5 positive comments in a row....check it out and make your own mind up.

For those of us who did use Regency and they did ? "unfairly" add their fee's to the morgage above the purchase price. Who do we contact to reclaim those fee's without using Premier law?

"Premier law are apparently not a PPI reclaim company, the specialise in professional negligence claims against solicitors, premier say we are entitled to claim due to the way in which Regency gave us no choice in the appointment of the solicitor they used. The solicitor allowed large broker fees to be paid out from the discount/equity without giving adequate professional advice. Solicitors must always work in their clients best interest and premier believe this did not happen with our right to buy purchase?" Is this supposed to be a separate issue/claim or part and parcel of the above?

In addition to this with all the recent publicity in regard to PPI, when we took out our original morgage in 2001, we were told the PPI was compulsory with the morgage...obviously fast forward now and this is a basis of mis selling, however after all this time is it possible to reclaim?

If anyone could answer these questions I would be grateful.
Positive or negative genuine comments re Premier Law ltd would also be gratefully received, as quite honestly these letters are like carrots to a donkey and I'm driving myself nuts with the Should I or shouldn't I, argument:rotfl: :beer:

dunstonh

For those of us who did use Regency and they did ? "unfairly" add their fee's to the morgage above the purchase price. Who do we contact to reclaim those fee's without using Premier law?

The FSA allow fees to be added to the mortgage. There is nothing wrong with that. Think of it logically, if you paid the fees directly, you would have less deposit and would be borrowing more. So, as long as you had the option to pay the fees directly, there is no problem.

The solicitor allowed large broker fees to be paid out from the discount/equity without giving adequate professional advice.

Nothing wrong with that.

n addition to this with all the recent publicity in regard to PPI, when we took out our original morgage in 2001, we were told the PPI was compulsory with the morgage...obviously fast forward now and this is a basis of mis selling, however after all this time is it possible to reclaim?

If it was compulsory then its not a mis-sale. It used to be on some mortgages. Its only when it wasnt compulsory and you were told it was that its a mis-sale. You just supply your evidence supporting your accusation when you complain to the broker.

tigger69

Thanks for your reply dunstonh.
Please forgive my confusion or ignorance, how do Premier law possibly think we have a claim then?
Taking into account their is apparently no upfront fee's - so they get nothing if their is no claim. I can't see the benefit of them writing all these letters, sending people out ect if their nothing wrong with the way our morgage's were processed?