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UK Mortgage Lending Ltd
Financial Ombudsman decision DRN-5995485 Upheld
Upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Jan 05deadline 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
Mr M complains that UK Mortgage Lending Ltd trading as Pepper Money gave him a secured second charge loan without carrying out appropriate affordability checks.Irresponsible lending
Rules cited
FCA CONC (Consumer Credit sourcebook), FCA Consumer Duty (PRIN 2A)
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5995485.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.