Financial services during the pandemic.

Started by papasmurf, June 03, 2020, 12:04:41 PM

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papasmurf

Quote from: johnofgwent post_id=27919 time=1591355802 user_id=63
Try getting a mortgage.






No thanks. mortgage free since 1990, previous to that due to Margaret Thatcher I had a mortgage and a bridging loan, both at 17.5% interest.

One silver lining to my wife's sorting her savings and pension schemes, it appears the nurses pension fund are paying the fees, £2200, so is £2200 better of than she thought she was.
Nemini parco qui vivit in orbe

johnofgwent

Try getting a mortgage.



Hint. Dont come too near jennifer right now, she knows where my chainsaw is.



Turns out the T@@@ of an IFA did sweet FA about progressing their mortgage application in principle for weeks before the pandemic, and when he was finally tracked down hecsaidvthere was nothing he could do now as the mortgage firm was closed to.new applications during the pandemic.



I have no idea what his backhander would have been, but he can suck his arse for it. Last week someone rang madam out of the blue to ask if she was still interested in viewing a place, and when she explained her woes was asked 'oh, look, we've got arrangers on speed dial would you like one to call ......
<t>In matters of taxation, Lord Clyde\'s summing up in the 1929 case Inland Revenue v Ayrshire Pullman Services is worth a glance.</t>

papasmurf

At last some progress, but it has meant I have lost the will to live.

To speed matters up after my wife at long last had a long phone call from the man dealing, I have managed to produce a multipage .pdf document to send back to gets funds cleared to go into my wife's bank account. (Apparently that will only take six weeks due to the backlog in the system.
Nemini parco qui vivit in orbe

papasmurf

My wife had several savings schemes and two private pensions schemes that matured at the end of April.

It has been a nightmare sorting those out due to extra security that has been put in place anyway, and it appears all of the staff involved working from home.

I also  suspect a large number of people are "cashing in."

Due to the delays that will mean when my wife's backdated payments do get into her account it is it is going to be a large wedge.
Nemini parco qui vivit in orbe