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Mortgage Advice Bureau Limited
Financial Ombudsman decision DRN9708720 Upheld
Upheldoutcome, as published by the Ombudsman
£150redress 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
Mortgage administration, Complaint handling
In the Ombudsman’s words
Miss B complains that a broker at Mortgage Advice Bureau Ltd told her that a fee could be added to her loan without an increase in loan to value (LTV). This advice was incorrectMortgage administration
In addition, she complains that Mortgage Advice Bureau Ltd failed to respond appropriately to her complaint when it was raised with them.Complaint handling
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN9708720.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.