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Ulster Bank Ltd
Financial Ombudsman decision DRN2876027 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
—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
In the Ombudsman’s words
Ulster Bank mis-sold the loan as it acted on the instructions of, and for the benefit of, Mr B who wanted the property to stay in Mr and Mrs F’s names to avoid a capital gain.Product mis-sold
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN2876027.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.