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Lloyds TSB Bank Plc

Financial Ombudsman decision DRN0043430 Not upheld

Not upheldoutcome, as published by the Ombudsman
—no sum stated
Thu Oct 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

Product mis-sold, Service failure

In the Ombudsman’s words

Ms M and Ms N complain that Lloyds TSB Bank Plc gave them incorrect advice about an interest only mortgage.Product mis-sold
the bank eventually accepted that the service it had provided was below its normal standards.Service failure

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0043430.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.