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Vikkijarda V Accord Mortgages


vikkijarda
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Can anyone tell me please whether I should try to reclaim from Accord the following:

Admin Fee £50.00

Arrangement Fee £695.00

I had my mortgage with Accord Libor Rate and the repayments rose from £888.00 pm to £1399.00 pm within 2 years. I had no otpion in January 2007 than to change to another mortgage product with them because my credit rating wasn't looking great where I had been struggling to make my repayments. I did not miss any payments but change for 4 months to Interest only just to reduce my monthly outgoings. The above fees are what I was charged plus ERC of £7344.00. Are the circumstances different when claiming ERC if you have just switched products with the same company. Surely it is of no real loss to them as they still have your business. I also only had 19 years left on the mortgage I now have 25 years.

Help please.

Vikki

4/10/06 - Claim settled in full+costs+interest.

6/10/06 - court hearing date.

Allocation questionaire returned to the court-18/7/06 deadline 25/7/06

Allocation Questionaire rec'd dated- 6/7/06

Acknowledgment of Service rec'd full defence- 15/6/06

Reply from solicitors want more info.-14/6/06

Money claim filed £1653 - 7/6/06

Reply rec'd to LBA-27/5/06

LBA sent - 19/5/06

Reply from LLoyds TSB a big fat NO - 12/5/06

1st request for payment sent - 09/05/06

Statements Rec'd - 21/4/06

Data Protection Act request sent to Lloyds - 22/3/06

previously known as VIKKI ARDA

 

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Admin Fee £50.00

Arrangement Fee £695.00

 

These are fees for setting up a new mortgage and you would have been notified atteh beginning, so sorry not able to reclaim.

With regards the ERC read here http://www.consumeractiongroup.co.uk/forum/mortgage-companies/62003-important-mortgage-claimants-please.html

Have you any arrears charges as you may be able to claim these back.

Consumer Health Forums - where you can discuss any health or relationship matters.

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Hi Vikkijarda,

The same happened to me with Accord. Our mortgage (again based on US Libor) started off at about £600 and rose to £1200 in less than a year. We changed mortgage products but stayed with them and paid a large ERC. Since we didn't switch companies I find it hard to believe that they lost almost 10k. I am waiting for the situation to change, and I have very good reasons to think that it will, then I'm going to have another go. I suggest that you do the same.

Paul

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Thanks for that Paul I will be keeping a close watch on this subject. If I find out any more I will let you know and would appreciate it if you do the same. I spoke to a District Judge on this subject and he is totally supportive of our situation. Maybe I will raise the subject with him again or with some of the other Judges I frequently deal with.

Good luck and lets hope we can get justice from Accord soon.

Vikki

4/10/06 - Claim settled in full+costs+interest.

6/10/06 - court hearing date.

Allocation questionaire returned to the court-18/7/06 deadline 25/7/06

Allocation Questionaire rec'd dated- 6/7/06

Acknowledgment of Service rec'd full defence- 15/6/06

Reply from solicitors want more info.-14/6/06

Money claim filed £1653 - 7/6/06

Reply rec'd to LBA-27/5/06

LBA sent - 19/5/06

Reply from LLoyds TSB a big fat NO - 12/5/06

1st request for payment sent - 09/05/06

Statements Rec'd - 21/4/06

Data Protection Act request sent to Lloyds - 22/3/06

previously known as VIKKI ARDA

 

Forum InfoContact

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Share on other sites

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