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Preferred Mortgages Limited
Financial Ombudsman decision DRN-4365790 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Tue Nov 21deadline 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
Interest and rates, Support for vulnerable customers
In the Ombudsman’s words
They are unhappy with the recent increases in the interest rate they have been payingInterest and rates
they don’t consider that they have been treated appropriately as Mr M falls under the Regulator’s definition of a vulnerable customerSupport for vulnerable customers
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4365790.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.