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Topaz Finance Limited
Financial Ombudsman decision DRN-6008494 Upheld
Upheldoutcome, as published by the Ombudsman
£25,000redress stated in the decision
Wed Jan 07deadline 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
Mortgage administration, Complaint handling
In the Ombudsman’s words
Topaz Finance Limited took too long to issue redemption statements for her buy to let mortgagesMortgage administration
Ms G referred her complaint to us. Our Investigator concluded that Topaz had caused some avoidable delay, but he didn’t think it should pay the losses Ms G is claiming.Complaint handling
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-6008494.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.