dD
duncans D

1 reviews | Active since Jun 2016

11 Jun 2016, 10:48

Never ever go this bank for a mortgage

<p>Banked with Standard Bank for over 30 years and am now seriously considering moving somewhere else because of the inept bureaucracy of their Home Loans division. They not only lost my title deed but also the original mortgage loan documents. Long story short - the loss of my title deed caused substantial delay in transferring the sale of some property, resulting in me incurring tens of thousands of Rand in additional costs (beyond what the ombudsman will deal with). Having promised to resolve the issue, it has now been seven months since the issue was raised - still no resolution. Home Loans had the audacity to say that I had to make a claim against their own lawyers! My Private Banker even has to use the Home Loans call centre and is as frustrated as I am with her own organisation! Don't get me started on their Building Loan process. Never, ever go to Standard Bank for a mortgage.</p>

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Replies (5)
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duncans D's update11 Jun 2016, 11:09
Reviewer Update

Ok, in my fury (!) was a bit hasty, never, ever go TO this bank for a mortgage

Standard Bank
Standard Bank's reply13 Jun 2016, 07:38
Official

Good day Duncan Sloan

Thank you for your posting.

Please note that further details have been requested from you via email in order for us to address your concerns.

We await your response.

Best regards

Complaint Resolution Centre

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********** (fax)

**********
Standard Bank
Standard Bank's reply29 Jun 2016, 07:16
Official

Good day Duncan Sloan

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be allocated to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre

***

********** (fax)

**********
Standard Bank
Standard Bank's reply01 Jul 2016, 11:48
Official

Good day Mr Sloan

A full review of this account has been undertaken.

I apologise that you feel the Bank has neglected to give you feedback in this matter. A full response will be mailed to you within the next few days. Thereafter we can discuss best way forward.

Kind regards

Penny Rabe

Standard Bank
Standard Bank's reply01 Jul 2016, 11:50
Official

Good day Mr Sloan

A full review of this account has been undertaken.

I apologise that you feel the Bank has neglected to give you feedback in this matter. A full response will be mailed to you within the next few days. Thereafter we can discuss best way forward.

Kind regards

Penny Rabe