Using MARS (not MARP) for problems with Buy to Lets

Lone Star said:
My bank considered my investment property as under 'MARP' - yes I know it's for residential only - nevertheless they wrote to me saying it was under MARP. Do I have any grounds for going after them for breaches of the CCMA under this - ie them deeming it under MARP and then during that time breaching rules like crazy. I would imagine their letter is an error - nevertheless they did issue it.
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You are with Danske bank and because this bank has an "all sums charge" as standard in the security of their mortgages, your BTL is secured off your primary residence. Hence you have the protections of the ccma and marp.

The answer to your question is yes, you can bring these breaches to the courts attention.
 
Thank you!! You've just made me smile!!!!!!!! RIGHT Danske!!!!! Let's be having ya!!!!!
 
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