HSBC Bank plc

Financial Ombudsman decision DRN8070414 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

Fri Sep 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

Charges and fees, Product mis-sold

In the Ombudsman’s words

It also started possession proceedings and added some legal fees to the account balance.Charges and fees

He has said that it was mis-sold because he was told to take the mortgage on a short-term, interest-only basisProduct mis-sold

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8070414.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.