HSBC Bank plc

Financial Ombudsman decision DRN1126517 Not upheld

Not upheldoutcome, as published by the Ombudsman

£2,000redress stated in the decision

—deadline 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

Charges and fees, Mortgage administration

In the Ombudsman’s words

The fee for the valuation is £2,000 and Mr B considers the valuation to be unnecessary and the fee to be excessive.Charges and fees

Mr B is the sole director and employee of C. He complains that HSBC Bank plc has unreasonably requested a valuation on a property which C owns, at C’s expense.Mortgage administration

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN1126517.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.