Progressive Building Society

Financial Ombudsman decision DRN-5255554 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Mon Mar 03deadline 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

Irresponsible lending, Product mis-sold

In the Ombudsman’s words

They said Progressive didn’t carry out checks to make sure the lending was affordableIrresponsible lending

Mr and Mrs M complain that the mortgage they took out with Progressive Building Society in 2006 was mis-sold.Product mis-sold

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5255554.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.