miss sold mortgage interest only

shortchanged_2

Thrugelmir wrote: »

Why has this only become an issue some 8 years later.

Most likely because the OP has heard a 'were you sold an IO mortgage, we can get you compensation' advert.

connor08

GMS wrote: »

Please answer the questions below:

• Did you have adverse credit?
• If so what was it and when?
• Did you self certify your income?
• If you did self certify could you have proven your income?
• Did your solictor run through the terms of the offer?
• Did you sign the mortgage deed?

No we did not have adverse credit I was moved from capital repayment, we had no solicitor only they did we were sold a sub prime mortgage and we had to certif my mortgage we were advised to consolidate things to free up funds yes I could have proven my income for the first mortgage yes I signed the deed

connor08

Thrugelmir wrote: »

Why has this only become an issue some 8 years later.

Because we only found out this week what they did since 2013 we've been back and fore back and fore to the company trying to except what they had done the more we dug the more we found out about their dodgy mortgages

dunstonh

If it was payment protection insurance then they would refund me what I had paid in.

Most MPPI complaints get rejected by firms, the FOS and the FSCS.

Way I have been Diss advantaged I'm stuck.with a horrible mortgage company who are thieving !!!!!!!s.

Ok, so now you are making allegations against the mortgage company as well as the broker. What has the mortgage company done wrong?

But they have we borrowed 90,600 plus 995 broker fee under interest only 30 year mortgage this was in 2007

Which is what you say you applied for.

According to.the finantial.conduct authority.they would have had to give me a new mortgage offer new terms and conditions and new paperwork to sign they can't change your mortgage without your consent.

And the lender will have a copy of the contract you signed. If the terms are different then it is the lender that is at fault.

We were never given documents for the change of product so we're never given the risks the amount to pay back the interest rate.

You are not going to be able to prove that. So, the key document will be the one that the lender has with your signatures on it.

connor08

dunstonh wrote: »

To be honest, I dont see much success here. Trying to prove you were not issued with a new document from a company that no longer exists is going to be a hard one.

Not really my mortgage company exists the broker would have passed on everything to my mortgage company we have asked them and they are assisting me with the documents from their archives including a copy of the email.which.I have provided by my.mortgage company of the email sent to my broker to ask for the change of product. Just because the broker has been liquidated the documents are still very and readily available. And I have made copies of them so I still have the original I didn't just float down the nearest river on a banana boat I'm mot that stupid.

connor08

dunstonh wrote: »

Most MPPI complaints get rejected by firms, the FOS and the FSCS.



Ok, so now you are making allegations against the mortgage company as well as the broker. What has the mortgage company done wrong?

No I'm not sorry more than you whare do.I start they sold my personal data phone number name address telephone number to a company that wasn't even registered to do legal work for them. I keep.getting scam phone calls from people ever since.

Which is what you say you applied for.



And the lender will have a copy of the contract you signed. If the terms are different then it is the lender that is at fault.



You are not going to be able to prove that. So, the key document will be the one that the lender has with your signatures on it.

Not according to the finantial conduct authority according to them the broker had a duty of care to notify me of any changes that was made the broker made the changes it was the broker who.should have notified.me they wanted to change the product not the lender it would have been helpful for the lender to notify me too as they gave the authorisation to change the product but as the original lender is been liquidated too we can't can't complain to them unfortunately

connor08

dunstonh wrote: »

Most MPPI complaints get rejected by firms, the FOS and the FSCS.



Ok, so now you are making allegations against the mortgage company as well as the broker. What has the mortgage company done wrong?



Which is what you say you applied for.



And the lender will have a copy of the contract you signed. If the terms are different then it is the lender that is at fault.



You are not going to be able to prove that. So, the key document will be the one that the lender has with your signatures on it.

We have asked for that they will provide it but they said that they will provide it but there is personal information of their under writers on it so they need to cross them out as long as we are aware of that I said yes

connor08

connor08 wrote: »

Not really my mortgage company exists the broker would have passed on everything to my mortgage company we have asked them and they are assisting me with the documents from their archives including a copy of the email.which.I have provided by my.mortgage company of the email sent to my broker to ask for the change of product. Just because the broker has been liquidated the documents are still very and readily available. And I have made copies of them so I still have the original I didn't just float down the nearest river on a banana boat I'm mot that stupid.

However I will speak to the fscs consultant Monday to see what happens next and I will let you know how I get on

Slave_to_the_job

I have been a long time reader of this forum but never felt compelled to post until now. As far as I can see the only thing that has gone wrong in this situation is mortgages being given to people who have no idea of what they are really getting themselves into.

connor08

connor08 wrote: »

Not really my mortgage company exists the broker would have passed on everything to my mortgage company we have asked them and they are assisting me with the documents from their archives including a copy of the email.which.I have provided by my.mortgage company of the email sent to my broker to ask for the change of product. Just because the broker has been liquidated the documents are still very and readily available. And I have made copies of them so I still have the original I didn't just float down the nearest river on a banana boat I'm mot that stupid.

The mortgage company are aware now because they have viewed the documents we have one set they have a different set the mortgage administration have been really helpful in getting me the proper documents and they have told me that if I need any more information then Im to get back to them this company doesn't know what went wrong because they took over a mortgage from the other company on completion so this company can not be held responsible for the actions of a differently registered company. They were merely share holders of the company. All they can do is give me the relevant documents