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Re: LPA receiver help needed
Dilly, have you checked the T & C of your mortgage,as this is of paramount importance
Dilly, have you checked the T & C of your mortgage,as this is of paramount importance
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Re: LPA receiver help needed
Are belmain and Waterford linkedComment
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Re: LPA receiver help needed
I dont know, but I cant really help unless you carefully check the T & C and answer the questions I askedComment
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Re: LPA receiver help needed
please find T&C Hopefully i've done this okOriginally posted by CYNthesys View Post
regards
DillyAttached FilesComment
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Re: LPA receiver help needed
Help needed on this thread please
The T & C that Dilly has posted above do not appear to contain clauses entitling the lender to appoint LPA receiversComment
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Re: LPA receiver help needed
just for ease of reading:
Attached FilesDebt is like any other trap, easy enough to get into, but hard enough to get out of.
It doesn't matter where your journey begins, so long as you begin it...
recte agens confido
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Re: LPA receiver help needed
and ...
Attached FilesDebt is like any other trap, easy enough to get into, but hard enough to get out of.
It doesn't matter where your journey begins, so long as you begin it...
recte agens confido
~~~~~
Any advice I provide is given without liability, if you are unsure please seek professional legal guidance.
I can be emailed if you need my help loading pictures/documents to your thread. My email address is Kati@legalbeagles.info
But please include a link to your thread so I know who you are.
Specialist advice can be sought via our sister site JustBeagleComment
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Re: LPA receiver help needed
Dilly
Ive found the T & C very hard to read, however Ive gone through them twice and I cant seem to find any clause entitling the lender to appoint LPA Solicitors.
Its quite possible that Im missing something, so if you can read through your hard copy of the T & C to see if you can find any reference to LPA Receivers, formal demand or enforcement procedureComment
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Re: LPA receiver help needed
LPA receivers only have limited statutory powers, but the lender often extends their powers through the terms of the contractComment
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Re: LPA receiver help needed
Only terms i can see is where they can pass the debt on to debt collection agencies acting as agents under terms 11 and the lender may assign rights and transfer his obligations under the agreement at any time under term 14.Please note that this advice is given informally, without liability and without prejudice. Always seek the advice of an insured qualified professional. All my legal and nonlegal knowledge comes from either here (LB),my own personal research and experience and/or as the result of necessity as an Employer and Businessman.
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The Governess; 6th March 2012 GRRRRRRComment
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Re: LPA receiver help needed
Thanks Teaboy thats all that I noticed as well.
I honestly dont know if these terms can be broadly construed as entitling the lender to appoint receivers. Usually there are express terms within a contract re appointment of LPA Receivers, and also the fact that LPA receivers are deemed the borrowers, not the lenders agents.
Does anyone have any thoughts on this pleaseComment
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Re: LPA receiver help needed
thanks i will take a look at them and let you know !! regards..... DillyComment
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Re: LPA receiver help needed
I can't see any mention of LPA in the T&C's. .... do you think I can get the LPA to resign ?Originally posted by CYNthesys View PostComment
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Re: LPA receiver help needed
The best advice I can give is that you arrange a free half hour appointment with a solicitor, take your paperwork along and raise the points Ive queriedComment
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Re: LPA receiver help needed
Dilly the T & C you posted appear to show pages 1- 2 of either 4 or 6 pages (very difficult to decipher)Comment
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