THE MANDATE AT INCEPTION WAS EITHER TO SIGN, BUT SURELY NOT AFTER NOTICE OF DISPUTE HAS BEEN ACKNOWLEDGED IN WRITING BY THE BANK
I DO NOT UNDERSTAND YOUR RESPONSE. ARE YOU SAYING THAT THE BANK CAN ACT ON THE INSTRUCTIONS OF ONE PARTY WHEN NOTICE OF DIPUTE HAS BEEN GIVEN. A CONSENT ORDER IS IN PLACE. FROM THE MORTGAGE OFFER I DO NOT SEE THIS PARTICULAR POINT IS COVERED. JUST THE NORMAL J& S CLAUSE. I AM IN CORRESPONDENCE WITH THE FOS WHO DO NOT APPEAR TO UNDERSTAND THE QUESTION.
NO,THE BANK HAS IN WRITING STATED THAT ANY VARIATION WILL REGUIRE CONSENT OF BOTH PARTIES. THE QUESTION SURELY HINGES ON WHETHER OR NOT THE BANK CAN ACCEPT INSTRUCTIONS REGARDING TERMS OF THE NEW RATE FROM ONE PARTY.THIS IS A REAL SITUATION WITH THE FOS IN THRALL TO BARCLAYS BECAUSE THEY SHOULD KNOW THE BANKING PRACTICE. I BELIEVE THAT SHELDON HAD A DIFFERENT VIEW. I APPRECIATE THAT IN THIS MODRN WORLD I COULD HAVE IT WRONG.
Ok, then in that case no, they cant do this.
If they write and say that they need instructions to new rate from TWO people then they do
They can NOT just accept it from one person
As you say the bank have accepted this
Can I clarify anything about this today please?
I WILL LET YOU KNOW THE OUTCOME IN DUE COURSE.
Thank you. If I could ask you to rate my service before you go today, the button should be at the bottom of the screen
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IS IT POSSIBLE DISCUSSION TO BE SENT TO *****@******.*** BECAUSE I AM UNABLE TO PRINT OUT THE ANSWER
Yes, once you rate the format changes so you can print out the answer or save it