GMAC ERC Claim

[anomalous]

I recently opened a claim against GMAC for a very high early repayment charge I padi back in 2007.

 

The reason for the early payment was due to having 2 properties both (through GMAC I couldn't afford) and the crunch happened and I couldn't get a tennant.

 

I was a couple of months overdue with payments but GMAC bullied me into putting both houses up for sale. They were vicious and bullying. The actual ERC was higher than the last 10 mortgage payments. I paid around £12k for paying 10 months early in a 2 year contract.

 

I'm wondering what other cases there are similar to mine in order to properly write up a proper complaint. I reckon the £12k is winnable, I wasted £12k selling my house (cheap) from fear of repossesion.

I eventually had a tennant lined up despite being in arrears.. I feel like I was forced into a corner.

 

I could really use some previous case references and/or letter templates.

 

I have sent GMAC my initial complaint and they are distancing themselves from it saying to complain to my broker if i felt I was sold the mortgages ireesponsibly?

[theoldrouge]

if a residential mortgage

 

http://www.financial-ombudsman.org.uk/publications/technical_notes/mortgages-early-repayment-charges.html

[anomalous]

Thanks.

They're trying to say they didn't sell me the product, the broker did.

The mis-selling part is out of the 6yr rule.

However I'm going to say the complaint regarding the ERC payment is tied into them selling me two mortgages when they shouldn't have.

[theoldrouge]

the ERC claim would be against GMAC imo, do you have your original mortgage agreement

 

misselling a mortgage could well be a matter for the broker

[anomalous]

Yes I have it all.

ERC was 6% of loan.

There was 7 months left. It cost me £15k.

The letters I sent complaining of their aggressive legal action I have.