First Plus and mis-selling of mortgage

[applecompe]

Hi everyone I am new to the forum and I was hoping someone would be able to advise me on the second mortgages with First Plus. I haven't seen anything datied recent and would like to know what is happening concerning the below:

* Could the interest rates charged by Firstplus Barclays be potentially looked at as a misselling of a mortgage?
* What about the reducing interest rates and when Bank of England rates went down the First Plus interest rates went up?
* APR calculations based on a monthly basis rather than on an annual basis which has been 12 x times the cost of a normal loan
* Guaranteeing the total loan could be cleared in five years and our reason for buying the loan in the first place

Thanks

[Mineral1]

Re: First Plus and mis-selling of mortgage

Hi everyone I am new to the forum and I was hoping someone would be able to advise me on the second mortgages with First Plus. I haven't seen anything datied recent and would like to know what is happening concerning the below:

* Could the interest rates charged by Firstplus Barclays be potentially looked at as a misselling of a mortgage?
* What about the reducing interest rates and when Bank of England rates went down the First Plus interest rates went up?
* APR calculations based on a monthly basis rather than on an annual basis which has been 12 x times the cost of a normal loan
* Guaranteeing the total loan could be cleared in five years and our reason for buying the loan in the first place

Thanks

t would assist greatly if you could upload a copy of the agreement. Best way is to get a photocopy and on the copy black out your details and account number and upload it! mashappy:

[Fred]

Re: First Plus and mis-selling of mortgage

t would assist greatly if you could upload a copy of the agreement. Best way is to get a photocopy and on the copy black out your details and account number and upload it! mashappy:

If you can please I would be very interested in this also.........out of interest what year did you take this loan ?

[mrbean13]

Re: First Plus and mis-selling of mortgage

Hi yes will upload the agreement as soon as I can. The loan was taken out in 2007 and it was under a self certification scheme.

[mrbean13]

Re: First Plus and mis-selling of mortgage

Nobody replied this thread. Completely lost:tinysmile_cry_t:

[Sparkie1723]

Re: First Plus and mis-selling of mortgage

You never posted a copy of the agreement as you were asked and said you would post as soon as you could........folks can't help unless you help them and more................that's probably the reason no one has replied...... then likely you will get a reply:tinysmile_grin_t:

Sparkie

[des8]

Re: First Plus and mis-selling of mortgage

I think your problem has been multiple threads on the same problem.
You said on this thread you would upload a copy of the agreement, but in fact put it on another thread.
If you ask admin they may merge your threads, which might prompt a reply from those who can help.
Sorry, but I know nothing about this subject.