peter cookson
peter cookson
Registered with Property118.com
13th January 2015
Total Posts
0
Total Comments
77
Registered with Property118.com
13th January 2015
Total Posts
0
Total Comments
77
24th October 2021, 4 years ago
I have heard on the grapevine something very big May hit BTL Lenders from in or around 2008-2009 financial collapse ,it is to do with arrears added to the mortgage balance but then Lenders continued with repossession. The Con was...
Read More →21st November 2020, 5 years ago
The only way to keep property investment “ alive” is to bring back taper relief ( period). TR should have never been allowed to be abolished because the Buy To Let industry was formed because of this benefit or at...
Read More →20th November 2020, 5 years ago
I would like to hold a sort of seminar to help people who have been repossessed in 2008-2009 alone around 95,000 repossessions took place , interestingly banks make more money from repossessions but that’s for another time.
Read More →20th November 2020, 5 years ago
Not bad Chris✅ The problem arises when the Loan is interest only as I mentioned previously you never pay it off , if it were Capital & Repayment you would be correct in that outstanding balances after revision would be...
Read More →20th November 2020, 5 years ago
This proves my point to my original posting Many people here are well educated and yet nobody can answer the simple questions (below) why ? Define The words Revised Payment ( in banking ) Define the word Capitalisation (in banking)...
Read More →20th November 2020, 5 years ago
I appreciate many people want to know more about the case but my question is being avoided Define Revised Payment ( in banking) Define Capitalisation. ( In banking )
Read More →20th November 2020, 5 years ago
When a Lender receives Court papers on a litigation Case by a borrower they examine the paperwork to access the possible damage it could cause , in my case it was a done deal my evidence was with merit. I...
Read More →20th November 2020, 5 years ago
Apologies I have missed out that my mortgages were “interest only” so if unpaid interest is indeed arrears and those arrears are added Judge Salmon and Lord Justice Soole stated “your payments were revised “ has shown in your particulars...
Read More →15th November 2018, 7 years ago
Before anybody jumps into a “ frenzy” I am fully aware you charge “interest on Arrears” this is to do with ADDING ARREARS TO THE CAPITAL SUM, CHARGING INTEREST, BUT THEN LEAVE THE ARREARS AS STILL OUTSTANDING FOR THE BENEFIT...
Read More →15th November 2018, 7 years ago
If any body knows anyone who as been repossessed read this : Banks add your arrears into a Sub-Account The Sub-Account is secret. But you pay interest within the Sub- Account because the arrears are added to the Capital Sum....
Read More →15th November 2018, 7 years ago
Sorry you’ve missed the point capitalising Arrears and keeping the said figure live for the purpose of achieving the required amount for Repossession is 100% illegal. Lord Justice Munby “ once arrears are Capitalised then from that point they cease...
Read More →14th November 2018, 7 years ago
Hi Luke p I was actually told the same by a member of staff, the person was swiftly removed .
Read More →14th November 2018, 7 years ago
You can only be in arrears on money expected to pay , accrued interest is not Arrears. I am the Expert Peter , the person who brought ( PPI) was told Initially he was talking through is arse.
Read More →14th November 2018, 7 years ago
Have you been to court ? Peter
Read More →14th November 2018, 7 years ago
Hi Peter Your a million miles away my friend the Forensic Experts have completely backed my case under the (NIFA) umbrella my case involves figures provided and papers that do not match the account, the ( DAB) provided was in...
Read More →14th November 2018, 7 years ago
Yes Luke ! The Lender Chelsea was in 2008-2009 folding it could not get monies it was basically hitting bankruptcy. However the intervening ( CEO) suggested hitting the insurance claims (HLC) unfortunately it got a bit gready and started to...
Read More →14th November 2018, 7 years ago
Oh ok! I thought the LA was a fighting mechanism for All including individuals which in turn could make everyone get pay back. I have miss understood apologies.
Read More →13th November 2018, 7 years ago
This case / blog is probably more prevalent to people who have been repossessed.
Read More →13th November 2018, 7 years ago
Adam if you knew what I have been through you would salute me my friend , do you work for a Bank by any chance.
Read More →13th November 2018, 7 years ago
I have lived with a debt of £246,000 for 9 years from (4) repossessions , the accounts were in “ credit “ yes “ credit” so you may start to understand why I can never let this drop. But I...
Read More →Showing 20 of 77 comments