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lancashire mortgage ripoff

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  • lancashire mortgage ripoff

    has eney body had problems with lancashire mortg with default intrest and collection cost they have taken the propertie now they are coming back to pick the bones
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  • #2
    Re: lancashire mortgage ripoff

    How did you go on with this-Have you sent them a SAR request? ask for a breakdown of all charges over £30 i did and it worked.

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    • #3
      Re: lancashire mortgage ripoff

      Originally posted by elizabethking58 View Post
      has eney body had problems with lancashire mortg with default intrest and collection cost they have taken the propertie now they are coming back to pick the bones
      When you say the lender has taken the property I presume you mean that it was repossessed. If you are still being chased for money this suggests that the property was in negative equity or sold below market value leaving a shortfall. If the lender has treated you unfairly over the repossession (including a short sale BMV) then you should write a letter making a Formal Complaint detailing your grievances which may be more than default interest charges etc.

      Regardless of the lender's response to your complaint you can refer the whole thing to the Financial Ombudsman Service for investigation after eight weeks. The FOS take a hard line with lenders who don't treat customers fairly with repossessions and many have been made to pay compensation to their customers. Here are some examples to inspire you to fight back

      http://www.financial-ombudsman.org.u...e-arrears.html

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      • #4
        Re: lancashire mortgage ripoff

        1. If you take a loan or mortgage out with Lancashire Mortgage Corporation, You've got problems. They are a horrendous company!
        2. Don't expect the FOS to do anything about it, in fact so sure are LMC that the FOS are pretty usless, in most cases, they will even tell you to complain to them

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        • #5
          Re: lancashire mortgage ripoff

          If this lot are part of the blemain lot that explains everything

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          • #6
            Re: lancashire mortgage ripoff

            They certainly are set off shysters.

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            • #7
              Re: lancashire mortgage ripoff

              Sly is not the word-
              Last edited by Sickofbullies; 14th January 2014, 18:17:PM.

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