Acenden Limited

Financial Ombudsman decision DRN9546548 Upheld

Upheldoutcome, as published by the Ombudsman

£150redress stated in the decision

Tue Aug 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

Interest and rates, Mortgage administration

In the Ombudsman’s words

This means he’s paid more interest than he feels is fair.Interest and rates

failing to reduce his secured loan balance using money from a payment protection insurance (“PPI”) policy quickly enough.Mortgage administration

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9546548.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.