kitchen deposit not taken

dav1969

I have just rec'd a letter from magnet stating that after an audit they have not taken my deposit of £3000 for a kitchen( this should have been charged to my credit card).
It was just over 12 months ago when we purchased the kitchen. the balance for the kitchen was paid by a flexi loan arranged by magnet. This is all paid for. I should have realised that my credit card had not been charged but I was doing the whole house up at the time.

Does anyone know if magnet are within their rights to still ask for this money after a year has passed when it was their oversight in not charging my card at the time. Had the money then, big surprise to get this letter after such a timescale!

Please help

Bossyboots

The debt defaults after six years with no communication so they would be entitled to this payment but in the circumstances perhaps you can persuade them to allow you to pay it by instalments.

IvanOpinion

Come on dav1969, they have heard that one before (might even have read about it on this board... several times ... the old, 'I was too busy to notice a massive payment did NOT get taken' switcherooney) They made a mistake and you were hoping that they would not notice ... unfortunately many companies have people called accountants who have a habit of noticing such things at interim and year end audits etc.

I go with bossyboots, contact them and tell them that since it was obviously their fault you would like a year or so to pay it off (interest free). If they don;t agree to that (which would surprise me) then look for the cheapest loan or add it to your mortgage.

Ivan