9 years and still fighting

9 years and still fighting

18:34 PM, 31st October 2018, About 6 years ago 72

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Anybody had a Buy to let Mortgage with Chelsea Building Society? Between Circa on or around 2009 you are likely to have been over charged in interest.

If you have been repossessed around this time then you need to check your figures.

I had four properties repossessed and a member of the Network of Independent Forensic Experts (NIFA) confirmed I was not (2 months in arrears) at the point of Repossession.

My fight continues 9 years on.


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peter cookson

15:47 PM, 2nd November 2018, About 6 years ago


A missed payment on an Annual Statement does not show if you are in advance or have a credit especially on overpayments , so according to a Mathmatical professor the Annual Statement does not give you the whole truth.

That is why why you need 365 daily calculations then all cards are on the table.

Ever heard of the couple who never missed a mortgage payment but owed thousands at the end , this is why an Annual Statement is totally not fit for purpose on a 365 daily rate calculated Mortgage.

peter cookson

15:53 PM, 2nd November 2018, About 6 years ago

The ( FOS) initially found in favour of the Lender but secretly sent a letter 6 weeks later to the Lenderand said we have had a change in favour of myself.

I amending this thread but I will keep you all posted.

peter cookson

15:58 PM, 2nd November 2018, About 6 years ago

Sorry ending the thread


16:13 PM, 2nd November 2018, About 6 years ago

"If a mortgage is paid in arrears 1 month then how many payments are due from Aug- Dec in the first year.
Answer (4)
The (5th) is due in January of the next year the Lender shown that ( 5 ) were due but this breached the contract." - If you made the payment in January you would then only still be 1 months in arrears.


16:22 PM, 2nd November 2018, About 6 years ago

"A missed payment on an Annual Statement does not show if you are in advance or have a credit especially on overpayments , so according to a Mathmatical professor the Annual Statement does not give you the whole truth." - Incorrect. If you requested a redemption statement you could reconcile the amounts you have paid with the balance being stated by the BS.
As I understand it all interest is calculated on a daily basis. It adds up for the BS but is not a convenient figure for a customer to deal with. The monthly and eventual annual payment irons out the different days in the months over the year.

Never heard of the couple who paid regularly and still owed thousands - can you give me a pointer.

peter cookson

6:33 AM, 3rd November 2018, About 6 years ago

When a Judge as to asses a case for wrongful repossession he merely looks at the Annual Statement ? Does he not.

It is all very well you staying over the year it balances but what happens when repossession occurs before it balances out , you are not grasping the issue.

In my case the Loan was £91,481 commenced Aug (07) then by Dec (07) the Loan was £91,477 so can you explain on an interest only loan why it reduced by £4.
The opening balance for Jan (08) was £91,477.00

Give me your definitive answer.
Because I have the answer but when I give you the answer you may understand why an Annual Statement is not fit for purpose and also this is why judges do not see it.

So before you say I need more information “ think” the Judge was not given more information by the Lender? I don’t spend £100,000 to put nonsense on this “ blog”.

peter cookson

6:34 AM, 3rd November 2018, About 6 years ago


peter cookson

7:05 AM, 3rd November 2018, About 6 years ago

I was congratulated by a barrister for the work I had done and also by a “ silk” the Network of Independent Forensic Accountants Also say I am correct and are happy to attend a trial.
The judiciary simply do not want to be involved in creating another and far far bigger ( PPI) I have become a specialist myself it as nothing to do with what is in the contract terms because no contract permits “ fiddling in the maths” or presenting “erroneous Mathmatical figures to the Courts”.

The ( CEO) Mike Regnier of (YBS) ran away from me two months ago when I appeared at the head office.

Believe me or not the ( FOS) played a part in me being scammed , Andrew Bailey (FCA) as chosen to blank me ? They all knew what the Building Society merges were all about.

How many people know that automatic Capitalisation existed in contracts? Quietly banned by the (FCA) June (2010) that simply means you were never in arrears when you thought you had Arrears but if you were repossessed your sitting on a “ gold mine” let alone compensatory interest. It is so you All know “ CRIMINAL FRAUD”.

It gets worse.!

They do not want another (PPI) i need to go to court , but it seems “ strike outs” are another tool for the Lender (3) times I have been stopped in the ( Civil Court and Supreme Court)

So I have to start saving once again for a Private Prosecution they cannot prevent me from this one.

My fight is for everyone especially for the “ Dead” who lost everything and commited suicide, I want to help the families they left behind.

peter cookson

7:25 AM, 3rd November 2018, About 6 years ago

I actually had a meeting with Mr Smith ( barrister) a couple of years ago, who advised me to mathematically prove wrongful repossession.

The algorithm of the Banks is secret and you have to be able to create the Chronological figures that you don’t have then “marry” them to the figure given.

An Annual statement is given but the computation ( Digital Account Breakdown) known as (DABs) is under “ prevalidge Information “

I say no more?

peter cookson

9:37 AM, 3rd November 2018, About 6 years ago

A Mortgage that provides 1/12th Annual Statement ,BUT Calculates on a 365 Daily intetest cannot possibly be transparent.

A shop keeper
Provides 12 Daily till receipts to the tax man for the year.?

The Tax man says your shop is called Sids corner shop open 24-7.

The Tax Man says we need 365 till receipts please.

So if the Tax Man is not happy .

What would happen if Annual Statements were checked by HMRC.

The profit made is not shown ?

It as been one big “ fiddle” for years and years.

Look recently at what an MP was asking the Energy Companies to supply , a statement to be provided that shown the profit the company made on the Account in other words remove the entitlement of “ privileged information “

The “ fraud” that is being carried is Legally allowed because of the words”privileged Information “ Judges don’t see it in Court.

The suggestion it all pans out at the end of the year is ludicrous, because that’s my whole point if the anomaly is used within the year it then becomes a serious issue ,and erroneous figures are produced that are simply mathematically incorrect.

One major serious issue that lay deep in Mortgages had a provision of unilateral automatic Capitalisation, so serious it was banned on the (QT ) June 2010 by the (FCA).

Millions have been frauded but a lid as been kept on it for obvious reasons.

However some High influential people are involved in peeling the lid fully off.

The Annual Statement shows any Arrears in that year , what you don’t see the computer incorporated that same Arrears figure within the Daily Rate of Calculation .

“ Double billed” my friends known as “ Criminal Fraud”

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