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OneFamily Lifetime Mortgages Limited
Financial Ombudsman decision DRN-1782832 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Sep 17deadline to accept (not the decision date)
The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.
What this decision was about
In the Ombudsman’s words
This complaint is about an equity release mortgage application Mr B made to OneFamily Lifetime Mortgages Limited (“OLM”). OLM refused the application after receiving a valuation report saying Mr B’s property wasn’t worth as much as he’d forecast.Mortgage administration
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-1782832.pdf on financial-ombudsman.org.uk.
The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.