ozboy
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Post by ozboy on Jan 30, 2020 14:55:20 GMT
Unless I have the completely wrong end of the stick, which is entirely possible, the Administrators seem to me to be rolling over on this and not "pursuing"? Whatever happened to the reputed £8 Million+ Pension pot that was legally up for grabs to settle this anushole's debt/s?  |
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ozboy
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Post by ozboy on Jan 30, 2020 12:28:51 GMT
Many thanks, was aware of that radar . I immediately at the time of that posting checked my various Bank Account websites and some had such statements re the FCA on them, and some didn't. Santander is my main account and I thought I saw such a statement within the Santa website somewhere at the time but got waylaid and didn't note it. So, can anyone point me to any FCA Statements/Recommendation re Investing (not Banking), if it exists, because as I say I vaguely recall seeing it lurking somewhere in the bowels of the Santa website? Otherwise, yes, I am going for an Alzheimers Test. 😨 I thank you.  |
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ozboy
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Post by ozboy on Jan 28, 2020 22:52:55 GMT
I vaguely recall seeing somewhere on the Santander website the usual recommendation to check for "FCA Regulation" before investing (not banking), but I can't locate it. Maybe I have the wrong bank but if not, does anyone out there know which web page IF Santander does have such a Statement on it? Muchos Gracias. |
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ozboy
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FundingSecure (FS) in Administration
CONNECTED LOANS
Jan 28, 2020 16:38:49 GMT
Post by ozboy on Jan 28, 2020 16:38:49 GMT
I think it's the original RICS valuer who needs to account for his valuations. I'll be pressing the administrators to take action against the valuation company. It's all coming home to roost, exactly as I knew it would and predicted three years back, despite virtually everyone on here "pooh poohing" me at the time. YES, I am VERY much enjoying being vindicated, I tried very, VERY hard to warn back then but no-one was listening. Read and weep on the LENDY thread under: PBL157/PBL158 - R*****a & C****t, H****** Court Rd DEFAULT And YES, some RICS Valuers should not only be litigated against, some should be in jail. But does "The Royal Institution" care? Not a fig. Contact and Complain and enlighten them about wot's going on, and spew yer guts up at the piss poor arse covering reply you will receive. One word - Rotten. I thank you.
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ozboy
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Post by ozboy on Jan 27, 2020 22:59:30 GMT
Sorry k6 , I'd love to publicise a name or three but such things have a habit of coming back and biting one's bottom, no matter how many "Warnings" and caveats I might attach.  EDIT: Yes, fair point Greenwood2. |
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ozboy
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Post by ozboy on Jan 27, 2020 19:15:24 GMT
Paperwork from FS
If any lenders are in possession of the following items, can you please send me a copy, or contact me to discuss: Items such as: 1. Borrowers contracts – completed or the blank contracts. 2. Cashflow projections or "forecast recovery sheets", or similar – these were shown to some FS lenders to show the financial health of FS. If you have any such material, please forward to me. 3. Any written guarantees from ex-Directors or FS: It’s widely known that FS promised various enticements to the lenders to either keep us happy or quiet. If any lender has anything in writing from FS promising to “make good” any shortfalls or to “cover” any shortfalls, please also send along. The above items (should they be deemed suitable) maybe possibly be used in litigation against the former Directors, or supplied to Litigation Funders as extra ammunition to enable them to extract funds from the borrowers and/or sent to the FCA as part of this case. Thx all. Music to mine, and most on here's, ears I suspect, if such proceedings, errrr, proceed. And let me be clear and unequivocal, I hope Richard and Our Nige swing.
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ozboy
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Post by ozboy on Jan 27, 2020 19:09:14 GMT
I have also posted this under the "UK P2P Relief" Topic:- Offset UK P2P Capital Losses against Australian P2P Income? Given the Reciprocal/Double Taxation Agreement between the UK and Australia, I imagine it is perfectly acceptable to offset UK P2P Capital Losses against Australian P2P Income? Having left doing my Return until the last minute as usual I doubt if I ask HMRC (assuming I can even get through) that I will be able to get an answer before this tax year end. Thoughts, Oh Learned Ones out there? Oz is a stonking place for P2P btw, puts the UK in a shameful place. In advance, I thank you. So when you've filed the return - why is p2p Aus good vs UK? Local circumstances? Legislation? other? FAR more honest than the UK, with ALL parties concerned. Valuations are reasonably accurate. Platform provided information on Loan offerings is reasonably accurate and informative. NO hanging about on Overdue Loans, after around 90 days Platforms close like a ton of bricks. Personal Guarantees are FAR stronger than the UK, and are enforceable, they "work". A "Regulatory Authority" which is awake and doing its job. SO, chalk and cheese when compared to the thoroughly dishonest and devious mess in the UK. Which for unfathomable reasons most here seem to just shrug and accept as " That's just the way it is."??!!!! And " Yes", I am and have been ramping up my P2P in Oz.  NONE of the foregoing is investment advice, it is only my experience and/or personal opinion, do your own investigations & research.
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ozboy
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Post by ozboy on Jan 24, 2020 16:40:46 GMT
I’ve had an email alert that the account filing is in process at CH. I’m pleased to hear CH have taken action to correct the issue, have apologised and have done so within 24 hrs. That’s a reasonably good organisational response when something has gone wrong. There are some organisations that don’t take action to correct issues, don’t apologise, don’t react within 24 hrs and instead just blame others!Yeah, they're it's called the FCA.
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ozboy
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Post by ozboy on Jan 23, 2020 13:38:39 GMT
The response from my MP Leo Docherty was that his office phoned the FOS and they recommended I contacted financialombudsman.org or telephone them and they may be able to help me further. Yeh right a lot of help that response will be Sorry to read that, you are right the financial onbudsman is not the right person to contact. From where I sit you have two options, write to your MP and ask for the letter to be sent to the FCA or wait for the second letter and have another go. Just received a letter today from my MP explaining that they have to decline a second meeting with me regarding COLL because they await the result/s of the FCA's "Ongoing investigation" plus, because I have met with them once already, they feel urgent cases and those who have not yet met with them are a priority. Which is fair enough. There are, of course, questions that Bailey and the FCA could and should definitely answer that have nothing whatsoever to do with the "Ongoing investigation", but they flatly refuse to answer these simple questions, continuing to use the mealy mouthed "Ongoing investigation" excuse as a General and Total Catchall Getout. Still, I am encouraged and have a very warm feeling that at the end of the day the FCA are our friends, exists to protect US, the Financial Consumer, has OUR very best interests at heart, and will fight for US as a priority, being unbiased and fair at all times.   I will contact my MP again when our "Second Letter" becomes available.
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ozboy
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Post by ozboy on Jan 23, 2020 9:21:09 GMT
I have also posted this under the "UK P2P Relief" Topic:-
Offset UK P2P Capital Losses against Australian P2P Income?
Given the Reciprocal/Double Taxation Agreement between the UK and Australia, I imagine it is perfectly acceptable to offset UK P2P Capital Losses against Australian P2P Income?
Having left doing my Return until the last minute as usual I doubt if I ask HMRC (assuming I can even get through) that I will be able to get an answer before this tax year end. Thoughts, Oh Learned Ones out there?
Oz is a stonking place for P2P btw, puts the UK in a shameful place.
In advance, I thank you.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,165
Likes: 4,857
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Post by ozboy on Jan 23, 2020 9:15:31 GMT
Offset UK P2P Capital Losses against Australian P2P Income? Hopefully here is the right place to ask this. Given the Reciprocal/Double Taxation Agreement between the UK and Australia, I imagine it is perfectly acceptable to offset UK P2P Capital Losses against Australian P2P Income? Having left doing my Return until the last minute as usual I doubt if I ask HMRC (assuming I can even get through) that I will be able to get an answer before this tax year end. Thoughts, Oh Learned Ones out there? Oz is a stonking place for P2P btw, puts the UK in a shameful place. In advance, I thank you. |
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ozboy
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Posts: 3,165
Likes: 4,857
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Post by ozboy on Jan 21, 2020 22:57:39 GMT
Worth revisiting this Topic, seeing as many of us I am getting out of Dodge. I still favour Fundsmith, various Vanguards and their ilk, but wonder if there's summit else out there? P2P could have been SO good.  |
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ozboy
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Post by ozboy on Jan 21, 2020 22:38:49 GMT
Absolutely no-one out there in P2P Independent Forum Land residing in and/or Registered to Vote in the Salisbury Constituency? |
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ozboy
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Post by ozboy on Jan 21, 2020 10:25:47 GMT
I don't invest much in P2P anymore but follow the occasional thread such as this out of interest. If people havn't learnt about "Valuations" in P2P by now, they never will. That is all! |
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ozboy
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Post by ozboy on Jan 19, 2020 21:01:00 GMT
Sterling work duck and Co, Outstanding really, please keep it up. You are supported. 👍 |
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