595) Topseyturvey World" Natalie Merchant.

To the Business, Energy and Industrial Strategy Secretary,

And,

To the Chair, Ombudsman Services.

For Clarity - Attempt 595.

Jeremy Corbyn For Prime Minister.

595) "Topsyturvey World" Natalie Merchant.

Dear Mr Clark and Lord Tim Clement Jones,

In 2009 the average ratio (to workers) of chief executives' pay had risen from 47 to 128 over the past 10 years (www.theguardian.com>Business>Executivepay). By 2016 chief executives earned 183 times more than their workers. (www.bbc.co.uk/news/business-33952393)

Flat U, 95 Eaton Square, London, SW1W9AQ (leasehold) had risen in price from £7.300.000 Sept 27 2010 to £15.056.000 06 Feb 2017.

But somewhat bizarrely and seemingly in defiance of the basic tenets of economics, Property complainants' "financial awards" had fallen from £1.511.76p in 2009 to 50 quid in 2016. That is an extraordinary logic defying trend.

 

     It really is a really topseyturvey world at Ombudsman Services where instead of three     times one equalling nine, it seems that three times nine equals one.

Q. Lord Tim Clement Jones, how do you account for these extraordinary figures?

 

The RICS, who according to Consumer Focus, are apparently unable to adequately regulate their Members and Member Firms - and so hand their problems over to you - also have a Memorandum of Understanding with their redress scheme regarding the "effective resolution of disputes."

These are disputes that arose because RICS couldn't, in the first instance, effectively regulate their very own Members and Member Firms. A regulator which can't regulate - there's a thing.

Q. Lord Tim Clement Jones, is reducing financial awards for Property disputes from £1.511.76p to 50 quid, "an effective resolution of a dispute?"

Q. Lord Tin Clement Jones, when house prices and the cost of surveys have both gone up how do you explain the downward trend in financial awards other than RICS' direct interference in the independence of the Ombudsman's ability to make independent decisions?

Libor rates were rigged in the banking sector and rates of redress for Property complainants appear to be being freely rigged at this private redress scheme.

RICS are Regulators,  who according to one branch of government can't regulate and yet who send their Members' disputes to their "appointed" redress scheme, have or had, Steven Gould RICS and Walter Merricks RICS sitting on the board and a Memorandum of Understanding determining, "the effective resolution of disputes," and a, "close and continuing relationship" with another branch of government. This seems about as rigged as it could possibly get.

Otherwise things would be different.

Q. Mr Clark, are you able to assure consumers that when they take their complex and expensive complaints to Ombudsman Services:Property that they will each be meticulously investigated by a truly independent Ombudsman?

 

Recommendation 1:  

   RICS cease all involvement with Ombudsman Services and start effectively   regulating their Members and (Un)Regulated Firms.

 

   Yours sincerely,

501458.

The Ombudsmans61percent Campaign is at: www.blogger.com