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Hello my name is ***** ***** I will help you with this.
How many months were you in arrears by please?
Thanks , I have not got all the correct facts but briefly:
as you know i was am a pensioner and regular income is due on 20th of month.
i signed my mortagage agreement on 11 of month and the Bank of Ireland counted me paying later then 11th as default. my bank HSBC would reject my mortgage and important direct debits even though i had money coming in
How much were you in arrears?
just over £3k
Ok, but you were late paying? What was your monthly payment?
i had a car crash and couldnot work
i asked for help from BOI so i could have this sum added to my mortgage
i have equity in my house
What was your monthly payment?
i had their agent come over to my house. I explained that please add to my outstanding mortgage, i had taken on a tenant i will be able to cover
today i am paying £851
So you were 6 months in arrears at one stage?
i dont have figures at hand but my payment shot up from £500.32 to £851 in stages and has crippled me
i have slept without eating , begged ,borrowed and paid my mortgage payment
What you need to do is write to the Chief Executive of the BoE and make a formal complaint. Their address is:
Group Customer ComplaintsBank of Ireland GroupPO Box 27One Temple QuayBristolBS99 7BR
They will investigate the complaint and report back to you.
If you are not satisfied then you can complain to the Financial Ombudsman. They offer a free, independent service and can investigate your complaint for free. Their website is: www.financial-ombudsman.org.uk
They will make a ruling.
If you are still not happy then you can take the matter to Court, but there is a risk if you lose then you would be liable for more costs.
But this is the process you should follow.
Can I clarify anything for you about this today please?
sorry , my arrear was £ 1,885.64 . i can scan this document and send you
No, that is ok
Can you see my responses above?
yes i have seen it , its not a suitable response
What else would you like to know?
Please bear in mind this is a question and answer site, so I can not take someone to Court for you.
We provide advice on how to do this.
i don't expect you to do that , but answer my question ? what are
What are the?
what are my rights as a mortgagee
As soon as you are late then they can take action against you.
They must act in accordance with the Code of Conduct
The code can be found here:
If they have breached the code then you can take it to the Ombudsman as discussed
what is code of conduct
The code states:
We will consider cases of financial difficulty and mortgage arrears sympathetically and positively. Our first step will be to try to contact you to discuss the matter.
If they did not do this then you can complain to the Ombudsman
The Ombudsman also has a section on arrears and what a bank should do
Lenders will normally be expected to:
If they did not then the Ombudsman can take action
The Ombudsman states:
We have upheld complaints where we found the lender had acted unfairly or unreasonably, for example by:
Therefore if they have breached the Code the Ombudsman can take action
Does this answer your question today?
they seek possession of my property as the first instant
Yes, which is why the Ombudsman can take action
But you need to complain to the Bank first and then the Ombudsman
The Ombudsman wont take a complaint unless you have written to the Bank first, which is why I suggested it
the reason why i am talking to you is that i am a very hurt person and the two banks have really tried their best to get me on the streets of cold london. but have failed and i seek a way to make them aware that most people would be on the street but i have survived there constant pressure
Indeed and I am sorry for the stress you have suffered.
But you need to write to the Bank first and then the Ombudsman. Then they can take action
But the Ombudsman wont take action unless you have written to the Bank first.
Sadly that is the process the Ombudsman will expect you to follow
how do i go about writing to the bank?
i want to get this right and i donot want the Banks to be let off the hook
You need to write to:
well i know who to write
what i need is what to write?
If you draft the document I can certainly look at it
But you need to set out what has happened and what is it they have done wrong
i dont want to go in ranting and raving and they think i am stupid
maybe a short professional request for a summary of why my mortgage shot up and that caused me more stress
But keep it concise, to the point and take out all emotion
can you not knock out a two liner for me pleASE
Sadly I am not allowed to, it is against site rules to act for you.
By drafting a letter I am acting for you.
I am sorry
Can I clarify anything else for you about what you need to do or the process it follows please?
But draft the letter, I will review it for you,
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