Claim against Barclays / Firstplus & Elderbridge Ltd

[heather]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Prior to proceeding phone call with eversheds we asked if it was being recorded. They said yes. So we need that info to make elderbridge go away. Elderbridge supplied SAR disc about a year ago but not all info on there so I asked them to fulfill the agreed data to us. They have replied by saying prove who you are??passport marriage certificate etc. Apart from this issue they are writing to me at my address! Have written to fca and ico to complain.

[pablo hunt]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Let elderbridge know of your complaint to ico I did this and received a cheque for £250 from customer complaints department

[heather]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

I have done that....so I hope I will also get £250! Having said that every time they write to me, I write back stating I have already responded and enclose an invoice for time and money spent. I trying to raise funds to pay them off!! Lol.

[Narmaya]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

[QUOTE=elder-rigged;687405]We have had the same issue with regards to the PPI refund being split so the arrears was not cleared in full. This meant that Firstplus court order for us to pay an additional £100 a month stayed in place. Took this issue up with Firstplus (Red Castle) with no response. Since Elderbridge took on the Loan I sent them copies of all letters and the signed "Acceptance" letter sent to First Plus to pay off all arrears and as yet 3 months later still no response on this.

Mind you got a letter today from Elderbridge stating that the interest rate on our loan has been reduced due to the recent announcements, however after reviewing our account they are not going to pass this on!!! surely this is not legal as they are not reducing the capital loan owed and taking funds for arrears that should not be there.

Let me know how you get on with them[/QU

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

[Narmaya]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

- - - Updated - - -

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

- - - Updated - - -

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

- - - Updated - - -

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

- - - Updated - - -

Dear Sir/Madam

Ring me on 07973383055 between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

[Narmaya]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Decided it was time to file my claim after attempting to get the regulators to do their job. Over 5 years the FOS, the OFT, the PHSO, the ICO and the CMA have all considered disclosure of information that would assist me in identifying whether I have been wronged. They have colluded to ensure information that would answer my contentions straight away is not shared, even under the stringent EA241A disclosure legislation. Shocking doesn't quite do this charade justice.

Anyhow as the published accounts clearly show that the only increased costs incurred by the bank are PPI related, e.g. introducer commissions (69% of total income at inception), whilst everything else, e.g. interest expense & operating costs have plummeted, my claim is a pretty simple one.
What costs havebeen incurred by the lender, above and beyond those in place at loaninception, that legitimately explain why our loan liability (Capitalplus Interest) over the course of 25 years should be increased.

The loan book was sold to Elderbridge Ltd in January and neither would admit it was their responsibility to defend the claim at LBA stage - so I've filed against both - let the court decide.

I've asked for the claim to be considered under, but not limited to, the CCA 140 Unfair Relationships.

I've included the summary discussions that were disclosed recently disclosed http://legalbeagles.info/forums/show...ight=firstplus as this spells out the OFT's initial thoughts, i.e. that it was an unfair relationshipbut then failed to progress that point, and included a brief summary of the accounts over the last 10 years showing the shift in the income activity. Note - only legitimate costs that have an effect on my loan can be passed on to my APR.

My claim here is for fairness, not to avoid my liability, it always has been, always will be. The bottom line is I'm being made to pay extra due to the banks failed business model which was built in PPI.

Fingers crossed that I get a decent judge. I've requested, as a minimum, removal of the excess liability, unless legitimate costs are identified.

Dear Sir/Madam

Ring me onxxxxxxxxxxxxxxxxxxx between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

[Fred]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Dear Sir/Madam

Ring me on xxxxxxxxxxxxxxxxxx between 11am - 8pm, and I will talk to you about what you could do now. We also have a court case with Elderbridge Ltd and so far we are winning. In the mean time research on internet OR YouTube words like SECURITISATION, UK SECURITISATION REGULATIONS AND LAWS, SPV'S (SPECIAL PURPOSE VEHICLES) NOVATION DEED, FRACTIONAL RESERVE BANKING, BANKING LAWS, PROPERTY ACT 1925, REDEEMING OF DEBT TO GET BACK YOUR ORIGINAL NOTE (NOT PHOTOCOPY)

Hope this helps
NMaya

"Winning" could you PM me with a little more detail please...

[Worthington]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

"Winning" No such thing until the ruling by a judge and even then there is the appeals process.
Best not to respond to "Winning" claims and await proper judgements.

[EwanHusarmee]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Any movement on this? I have a complaint against Firstplus Elderbridge etc with the Financial Ombudsman - originally for unfair interest rates prior to the financial meltdown, which they ignored, but they have included me in a complaint re interest rates since the meltdown. Its well over 2 years since we started the complaint and it has been through at least 3 sets of hands since then. We get a letter every three months or so letting us know it still has a pulse.

[Fred]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

The claim has been settled. Nice to read the FOS is taking its time, perhaps now they are thinking about giving the consumer some credit for their complaint/s.

[EwanHusarmee]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

I suspect they are waiting for a court case to settle the law, but have not been able to clarify that. Alternatively they are waiting for the PPI window to close before opening up another cash stream for the PPI chasers.

[Fred]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

I suspect they are waiting for a court case to settle the law, but have not been able to clarify that. Alternatively they are waiting for the PPI window to close before opening up another cash stream for the PPI chasers.

Have you read this ?

http://www.legalbeagles.info/forums/...ght=disclosure

[EwanHusarmee]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Thanks Fred, but I'm struggling to understand how this impacts my FOS case. Is the implication that the OFT has already ruled the interest rates variation clause in the contract was unfair and that they should have reduced rates when the BoE rates plummeted?

My original complaint was based on the FP salesman telling me that they would keep their rates competitive, otherwise I would move the loan elsewhere. After 2008 nobody was offering these loans so I was not too upset by the rate hike, but prior to 2008 I could have got much better rates than they were charging me, but could not afford to swap due to rule of 78 and PPI (PPI claim won in 2010). It still rankles that there is no punnishment for the blatant lie by the salesman, but if there is still hope of a settlement, I should chill and wait. Afterall, where else can you get 8% interest on your money these days.

[Trax01]

Re: Claim against Barclays / Firstplus & Elderbridge Ltd

Hi, does anyone have any updates for ongoing FOS cases regarding the interest rate?

Now they are writing to say their rates are going up, there should be new impetuous. I have had some discussions with Fred on this, but would like to know if there has been any traction with previous claims.

Thanks in advance.

[Gizler]

Decided it was time to file my claim after attempting to get the regulators to do their job. Over 5 years the FOS, the OFT, the PHSO, the ICO and the CMA have all considered disclosure of information that would assist me in identifying whether I have been wronged. They have colluded to ensure information that would answer my contentions straight away is not shared, even under the stringent EA241A disclosure legislation. Shocking doesn't quite do this charade justice.

Anyhow as the published accounts clearly show that the only increased costs incurred by the bank are PPI related, e.g. introducer commissions (69% of total income at inception), whilst everything else, e.g. interest expense & operating costs have plummeted, my claim is a pretty simple one.
What costs havebeen incurred by the lender, above and beyond those in place at loaninception, that legitimately explain why our loan liability (Capitalplus Interest) over the course of 25 years should be increased.

The loan book was sold to Elderbridge Ltd in January and neither would admit it was their responsibility to defend the claim at LBA stage - so I've filed against both - let the court decide.

I've asked for the claim to be considered under, but not limited to, the CCA 140 Unfair Relationships.

I've included the summary discussions that were disclosed recently disclosed http://legalbeagles.info/forums/show...ight=firstplus as this spells out the OFT's initial thoughts, i.e. that it was an unfair relationshipbut then failed to progress that point, and included a brief summary of the accounts over the last 10 years showing the shift in the income activity. Note - only legitimate costs that have an effect on my loan can be passed on to my APR.

My claim here is for fairness, not to avoid my liability, it always has been, always will be. The bottom line is I'm being made to pay extra due to the banks failed business model which was built in PPI.

Fingers crossed that I get a decent judge. I've requested, as a minimum, removal of the excess liability, unless legitimate costs are identified.

Halifax71 how did you get on????