Restraining Order put on Mortgage Customer?

Reply to the comment left by peter cookson at 14/11/2018 – 11:25
I had a friend who worked in finance that told me lenders were actively seeking out those with big portfolios with a single lender and calling in the loan. Perhaps you’re a product of this…

The bank could not just call in your mortgage unless you broke the loan conditions or it had come to an end and they refused to renew . No court would have given them repossession if you were in term and conditions . I had Clydesdale call in 750 k with a months notice but at the end of a 3 year interest only agreement. It was annoying but not unlawful. It seems you are trying to use small technicalities to justify something. The interest on top of interest would not be a such a significant amount on its own to force a repossession .

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 someone else’s name and the judge chose not to question it.

Have you been to court ? Peter

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.

Hi Luke p

I was actually told the same by a member of staff, the person was swiftly removed .

As far as I’m aware, accrued interest is payable – that is what you agree to when you sign a mortgage, especially if it is interest only.
The FSA ban on capitalising interest has more to do with banks hiding arrears by recapitalising the outstanding interest/principal but making the customer’s position even worse in the long run. It never removed an obligation to pay arrears. It may also have been something for owner-occupiers only, but I wouldn’t swear to it.

Sorry, but you almost certainly don’t have a case. If you have found a loophole, good luc

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 to exist”
May I draw your attention to the Bank of Scotland v Housing Rights (2014) it set a precedent in Law that you cannot “ double bill”
If it was legal to do so any Landlord could of used Mortgage Payments against rental income for tax purposes then used the Mortgage payments again for (CGT).
Maybe I never made myself clear on the “ double billing “ aspect.
Incidentally my case will be won it is rubber stamped ( NIFA)
Don’t get annoyed just understand “ double billing” it is ( Criminal Fraud) as per the Attorney General John Larkin (NI).
My case is “ mirror image”of the ( NI) this Case had the Police brought in.
Have you not read the ( FCA) dossier on this issue note they don’t go into “ double billing” but the explanation they give is incorrect they have successfully written an explanation that sends you the other way and people like yourself took the ( bait).
It is all about “ Criminal Fraud”
Do you work for a Bank by any chance.