Barclays Bank Plc
Financial Ombudsman decision DRN5291101 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Mon Jun 29deadline 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, Mortgage administration
In the Ombudsman’s words
Mr and Mrs W complain that endowment policies taken out to cover their mortgage with Barclays Bank Plc were unsuitable as they left a shortfall.Product mis-sold
I note that the mortgage statements were properly addressed to Mr and Mrs W and that the further advance was properly described as an interest-only loan.Mortgage administration
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN5291101.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.