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Help with Payment Protection Loan Blemain Finance


bimfol
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I have just registered with this site but had read a few forumns prior. i have several claims that I am hoping to make. The site seems extremely helpful.

Please can someone advise me.

In March 2006 I took out a loan of £22500 with Blemain Finance.I paid an extra £3742 for Payment Protection Loan. £2250 went to the broker and £619 the lenders arrangement.

In February 2007 Blemain Finance which had the second charfge on the property, paid Kensington Mortgages (1st charge) £130,000 to cover their costs and then reposessed the property.

Now they are saying that there is a shortfall of £32,000 and are taking me to court (this thursday) to enable them to put thethe charge on my residential poperty.

 

I am thinking of writing them for refund of PPL charges. Is there anything else I can do? Please can someone advise

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Thanks Dvdriley. The property was a buy to let. After they payed the 1st charge lender, the solicitors etc what they claim that I now owe is more than what they reposessed for. They now want to put that charge onto my residential property!

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I think the best place for this thread is in :-

 

http://www.consumeractiongroup.co.uk/forum/repossessions/

 

I'll move it there for you Bimfol.

 

Lex

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Advice & opinions given by me are personal, are not endorsed by the Consumer Action Group or the Bank Action Group. Should you be in any doubt, you are advised to seek the opinion of a qualified professional.

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