Melbourne Mortgages

[maryneedshelp]

Hello I found and joined here today,I am in need of help with Melbourne Mortgages. I will try my best here In November 2003 we took a secured loan for £21,000.00 + The PPI of £2,365.00 over 180 mts We paid the loan out in full on January 2006 A grand total of £31,203.16 We have just really found out about all this PPI and miss selling so I found our old paperwork and wrote back and forth to Prestige who seem to use Melbourne as another name for their company Every thing was ok untill I asked for our PPI back + all these charges They have now informed me that we used a broker called the Black & White group and it is them we have to go looking for and it has nothing to do with ether Melbourne or Prestige But the only paper work we ever had is the Credit Agreement regulated by the Consumer Credit Act 1974 which says the lender Prestige Finance Ltd ( the lender which expression shall include its successors in title ) is in brackets.
Can any one help or tell me what I do now as I have come stuck and unsure what to do. Thank You all who look at this as it may be a little long winded.
maryneedshelp

[di30]

Re: Melbourne Mortgages

Im trying to claim back my ppi how did you mget on after???:tinysmile_hmm_t2:

Hi Jennie and welcome.

Have you started a new thread?

We can work on helping you once a new thread have been started, so that we do not confuse matters with other's.

Any probs let us know.

Re: Melbourne Mortgages

The best people to give advice on this is Turboman, Billk & Di30 they specialise in PPI

[jenniecov]

Re: Melbourne Mortgages

Im trying to claim back my ppi how did you mget on after???:tinysmile_hmm_t2:

[maryneedshelp]

Re: Melbourne Mortgages

I'M NOT SURE i QUITE FOLLOW. YOU STATED THAT YOU TOOK OUT A SECURED LOAN IN 2001 WHICH HAD PPI INCLUDED, YOU HAVE SINCE REPAID THE LOAN. YOU HAVE RECENTLY FOUND OUT ABOUT 'ALL THIS PPI & MIS-SELLING' AND ARE NOW TRYING TO RECLAIM THE COST OF THE PPI INSURANCE PLUS INTEREST.
THE REASON i DON'T FOLLOW IS BECAUSE AT NO TIME HAVE YOU TOLD US WHAT YOUR GROUNDS FOR MIS-SELLING THE INSURANCE ARE? WHY WAS IT MIS-SOLD?

I'M ALL FOR CLAIMING AGAINST BAD ADVICE & RECEIVING COMPENSATION, HOWEVER I DON'T THINK PEOPLE EVER THINK ABOUT THE POOR SHMO THAT MAY HAVE GIVEN YOU CORRECT ADVICE THAT YOU ARE NOW TRYING TO SCREW OVER.

I did not need the PPI as I had cover. I am not as you put it TRYING TO SCREW THEM OVER. IT WAS TAKE THE PPI OR NO LOAN -------------booboo1 ARE YOU A BROKER ?

[maryneedshelp]

Re: Melbourne Mortgages

Yes please can you. ?

[Turboman]

Re: Melbourne Mortgages

PF

That CAG SS you posted is the erroneous one which misled you originally if you rememember

The one you posted just with Simple Interest of mine & Bill's
Legal Beagles Consumer Forum - View Single Post - Melbourne Mortgages
does have another version where we have hidden Compound Interest but can bring it into play if required --- let me know if and when you require it

[maryneedshelp]

Re: Melbourne Mortgages

Yes I have thank you.
I will phone the FOS and see what they say.

Re: Melbourne Mortgages

Hi Mary I believe that you have posted before on the Melbourn/Prestige threads.
It may be best to make your complaint to the FOS and ask them to unravel this for you as I am not how best to advise you on this one.
Did you follow Debt stars advice on the previous post?

Hello I found and joined here today,I am in need of help with Melbourne Mortgages. I will try my best here In November 2003 we took a secured loan for £21,000.00 + The PPI of £2,365.00 over 180 mts We paid the loan out in full on January 2006 A grand total of £31,203.16 We have just really found out about all this PPI and miss selling so I found our old paperwork and wrote back and forth to Prestige who seem to use Melbourne as another name for their company Every thing was ok untill I asked for our PPI back + all these charges They have now informed me that we used a broker called the Black & White group and it is them we have to go looking for and it has nothing to do with ether Melbourne or Prestige But the only paper work we ever had is the Credit Agreement regulated by the Consumer Credit Act 1974 which says the lender Prestige Finance Ltd ( the lender which expression shall include its successors in title ) is in brackets.
Can any one help or tell me what I do now as I have come stuck and unsure what to do. Thank You all who look at this as it may be a little long winded.
maryneedshelp
The above is an old posting and I am still fighting but getting no where fast over this.

Read more at: Melbourne Mortgages - Legal Beagles Consumer Forum

[maryneedshelp]

Re: Melbourne Mortgages

Hello I found and joined here today,I am in need of help with Melbourne Mortgages. I will try my best here In November 2003 we took a secured loan for £21,000.00 + The PPI of £2,365.00 over 180 mts We paid the loan out in full on January 2006 A grand total of £31,203.16 We have just really found out about all this PPI and miss selling so I found our old paperwork and wrote back and forth to Prestige who seem to use Melbourne as another name for their company Every thing was ok untill I asked for our PPI back + all these charges They have now informed me that we used a broker called the Black & White group and it is them we have to go looking for and it has nothing to do with ether Melbourne or Prestige But the only paper work we ever had is the Credit Agreement regulated by the Consumer Credit Act 1974 which says the lender Prestige Finance Ltd ( the lender which expression shall include its successors in title ) is in brackets.
Can any one help or tell me what I do now as I have come stuck and unsure what to do. Thank You all who look at this as it may be a little long winded.
maryneedshelp
The above is an old posting and I am still fighting but getting no where fast over this.

Read more at: Melbourne Mortgages - Legal Beagles Consumer Forum

Re: Melbourne Mortgages

Great advice, thanks Debt Star

Mary, Look up the case of Yates & Nemo http://www.legalbeagles.info/forums/...ad.php?t=23524
What i did when making a claim for single premium PPI (a big rip off in most instances) is complete the FOS's PPi claim form by referring to the breach of fiduciary duty that took place (and the alternative arguments that apply even if no such duty existed). The fact of the matter is each of Prestige, the brokers and the Life Office took their cut of the commission/profit in selling the PPI to you and if it was mis-sold then you have a good claim for the PPI plus the stat interest back as Pompey says.


The fact of the matter is that is thru Prestigae that you presumably applied for the PPI and they effectively sold it to you (despite what they may say).

Here is the link to the FOS claim form for mis-sold PPI. You need to send it to Prestige first. They have about 52 days I think to respond before you can kick it off to the FOS. http://www.financial-ombudsman.org.u...complaints.htm

Re: Melbourne Mortgages

Mary, Look up the case of Yates & Nemo http://www.legalbeagles.info/forums/...ad.php?t=23524
What i did when making a claim for single premium PPI (a big rip off in most instances) is complete the FOS's PPi claim form by referring to the breach of fiduciary duty that took place (and the alternative arguments that apply even if no such duty existed). The fact of the matter is each of Prestige, the brokers and the Life Office took their cut of the commission/profit in selling the PPI to you and if it was mis-sold then you have a good claim for the PPI plus the stat interest back as Pompey says.


The fact of the matter is that is thru Prestigae that you presumably applied for the PPI and they effectively sold it to you (despite what they may say).

Here is the link to the FOS claim form for mis-sold PPI. You need to send it to Prestige first. They have about 52 days I think to respond before you can kick it off to the FOS. http://www.financial-ombudsman.org.u...complaints.htm

[maryneedshelp]

Re: Melbourne Mortgages

Yes it was added on as in first post.

Re: Melbourne Mortgages

Ok, then you must contact F.S.C.S in any event to try and recoup the PPI + interest.

Also now is the time to do a complaint to the FOS (their web site will give you the complaint form)about the PPI being mis-sold (assuming this has been and you have good cause to reclaim this) and any charges and interest which Melbourne have charged you which were grossly overpriced.

you say the PPI payment was paid up front - would you have paid this in one go or was this just lumped on to your mortgage. this is what I suspect they did.
Tuttsi x

[maryneedshelp]

Re: Melbourne Mortgages

So far I can not find a connection to them Also I can not see any thing where comm has been paid....