Mortgagee Sales – The Ombudsman’s Guide


A new “Quick Guide” has been issued by the Office of the Banking Ombudsman, or Banking Ombudsman Scheme as they are now known, with a logo that had me momentarily convinced I’d stumbled onto the website for Bank of Scotland.

This one covers Mortgagee Sales, and is plainly (and properly) aimed at the non-legal fraternity.  It is fairly simplistic, and assumes personal ownership and responsibility – no coverage of aspects relating to trustees or corporate ownership, for example.  In part it is more a list of bank behaviour that you can’t complain about than an explanation of all aspects of the law.

Notwithstanding their limitations, the entire series of Quick Guides is worth bookmarking as starting point for non lawyers.

Once you have been thoroughly confused by trying to relate the relevant Quick Guide to your own considerably complex affairs, you can talk to your lawyer with at least some background to go on.

Advertisements

About Ivan McIntosh

I am a partner of Carter Atmore Law...residing in City Road just off the busy thoroughfare of Symonds Street, Auckland, New Zealand....where we are specialist business & property development lawyers, working for both local and international clients. Proud husband to Joanna, and dad to two sons. Passionate rugby supporter. Email: imcintosh@calaw.co.nz Ph: 64 9 921 5026
This entry was posted in Banking & Finance, Business Law, Commercial Property, Plain English, Property Law, Residential property, Unit Titles and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s