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Yet Another Santander £50k Bounce Back Loan Now Heading for the Government Guarantee as Another Company Director is Hit With a 6 Year Disqualification for Failing to Provide and Maintain and/or Preserve Adequate Account Records

Most banks are now well versed with the procedure for calling upon the Government Guarantee for a Bounce Back Loan when a LTD Company Director has taken the Insolvency route, as plenty of BBL’s have turned sour. Today’s case involves a £50k Santander BBL and a 6 year disqualification handed out by the Insolvency Service. […]

BBL Complaints and Outcomes

NatWest Took Seven Months to Open a Servicing Account Then Declined an SME a Bounce Back Loan Repeatedly – Upshot Is that Ben the Ombudsman Doesn’t Uphold the Complaint

As the clock ticks down to midnight tonight, whatever you have planned I wish you a Happy New Year and here’s hoping things get back to some form of normality for everyone in 2022. Today I present to you another Bounce Back Loan related Ombudsman complaint which was not upheld. […]

 BBL Legal Advice
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HM Treasury Finally Reply To My Latest Complaint Letter – Alas, It Causes Even More Confusion Plus They Tell Me To Stop Complaining As They Won’t Reply Again – So I Am Arranging An In-Person Visit

If you have been following the never ending saga that is my complaint about the way the Bounce Back Loan scheme is being mismanaged and all the problems being experienced, I have an update for you as last night HM Treasury finally got around to answering my last letter, and here is their reply to that letter. […]

BBL Complaints and Outcomes

After First Refusing to Uphold a Barclays Customer Complaint Regarding an Error That Left a Sole Trader Unable to Access the BBL Scheme the Ombudsman Increases the Compensation from £100 to £300 After an Appeal

As we are still in the “quiet zone” between Christmas and the New Year, today I will be giving you an insight into another Bounce Back Loan related complaint that the Financial Ombudsman Service initially did not uphold, but after an appeal increased the level of compensation the bank, this time Barclays were required to pay out. […]