Bronte, I think your response is extremely ignorant, and rather personal. The facts are that a) I was told repeatedly by the Bank that payments were being deferred, so only needed to have enough funds available to cover payments once they commenced which I did, even the Ombudsman agreed with this, b) for clarification, the loan was to purchase a site and construct a building, therefore spending what funds I had available to commence work made more sense than borrowing more from the Bank. I am not however on this site to be insulted or argue with other members, but to seek constructive suggestions as to how the situation can be remedied.
Mercman, thank you for your recommedation regarding the Solcitors, I have an appointment with Lemans next week. Re. the Ombudsman, it was a written finding. He seems not to have completely read the documentation I submitted however, as many of the issues I raised were not addressed and several of his findings are contradicted by evidence I provided. I am also considering appealing the finding, although costs may be prohibitive, and ultimately all I want to do is move forward on the Project and avoid spending the next few months in Court and what money I have on Solicitors fees. Unfortunately the Bank are still refusing to respond to my letters but have told me verbally that the matter is with their Solicitors, although I have heard nothing from them either.