Building Societies Ombudsman

Building Societies Ombudsman

In the United Kingdom, an administrator who investigates complaints individuals make against building societies. See also: Regulation.
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He also served on the Financial Services Authority Practitioner Forum and later as a director of the Building Societies Ombudsman Company, which was subsequently absorbed into the Financial Ombudsman Service.
Wavertree Last year the Building Societies Ombudsman ruled that the society did at one time pay less interest on Tessas than on its new Isas, and that this was unfair.
MANY mortgage borrowers are still being caught out by early redemption penalties that tie them into uncompetitive loans, according to the Building Societies Ombudsman.
Banking Ombudsman, 0345 660902; Building Societies Ombudsman, 0171 931 0044; Mortgage Code Arbitration Scheme, 0171 837 4483; British Bankers' Association, 0171 216 8800; Building Societies' Association, 0171 437 0655; Association for Payment Clearing Services, 0171 711 6200; Finance and Leasing Association Arbitration Scheme, 0171 836 6511; Consumer Credit Trade Association Arbitration Scheme, 0171 636 7564.
He is quite right - even though a few pages on Peter Brooke, the building societies ombudsman, reports that most of the endowment complaints against the societies so far have failed.
For further help, ring the Banking Ombudsman (020 7404 9944) or Building Societies Ombudsman (020 7931 0044).
Building Societies Ombudsman Brian Murphy said 28 per cent of all last year's complaints were from people missing out on free shares handouts.
Confusion over endowment mortgages frequently leaving home-buyers to discover late in life that they cannot repay their mortgages looms large in the latest report by the Building Societies ombudsman.
If that fails, get in touch with the Banking Ombudsman on 0171 404 9944 or the Building Societies Ombudsman on 0171 931 0044.
A sharp warning to separating couples who have been buying a house together came this week from the Building Societies Ombudsman, Mr Brian Murphy.