DSL Bank: Problems with delete permission

Once the property loan is paid off, borrowers are entitled to a write-off for the corresponding mortgage that was the security. This confirms that the bank no longer has any collateral (eg land charge or mortgage) and can be deleted from the land register. But this is exactly what is causing problems at DSL Bank right now.

Already for a long time the issuance of expungement permits is delayed and other services at DSL Bank. This can be very expensive for property owners and lead to legal problems. What you can do and how we are A law firm We will show you how to help you do this in this article.

DSL Bank: Lenders are facing these problems right now

DSL Bank is currently struggling with serious problems, which are mainly caused by technical changes in the course of IT integration after the takeover by Deutsche Bank.

These lead to delays in approving loans, especially in the area of ​​construction financing. Customers report long wait times, causing payments to tradesmen or home sale processing to grind to a halt. But the issuing of clearances for months was also affected.

Even BaFin (Federal Financial Supervisory Authority) has already intervened and appointed a special representative to solve the problems. Despite these measures, many customers are still experiencing problems.

When will I get permission to withdraw from the bank?

You are entitled to a cancellation permit as soon as your loan is fully repaid and you no longer have any other liabilities to the bank. The bank is then obliged to give permission to delete the mortgage so that it is deleted from the land register. The legal basis for this is derived from §§ 875 and 1183 BGB.

If DSL Bank delays in issuing a deletion permit, those affected may have the following claims:

• Damage: If the delay causes foreseeable financial damage, for example because a planned property sale does not take place or additional interest charges accrue, you may be able to make claims for damages (§ 280 BGB). However, the prerequisite is that the bank is responsible for the delay.

• Interest charges: If the bank pays amounts due late, you may also be entitled to late payment interest (§§ 288, 286 BGB).

• Right to perform: In addition, there is a right in the license to delete immediately as soon as the requirements are met.

Advice from a lawyer: What can DSL Bank customers do if they have problems?

If there is a delay in issuing the cancellation permission, customers can take the following measures against DSL Bank:

1. Contact the bank: First you should contact DSL Bank to clarify the reason for the delay. It is advisable to submit a written request for permission to delete and set a clear date. Write all notices carefully. If the deadline has passed without result, the opponent must pay the costs of hiring a lawyer.

2. Proof of reimbursement: Make sure you have all the necessary documents confirming the full repayment of the loan. Sometimes there may be a delay because the bank is still losing documents.

3. Hiring a lawyer: If the bank does not respond despite requests, you can contact a lawyer. This person can make a legally binding request for permission to delete and can take legal action if there is further delay.

4. BaFin participation: In serious cases, customers can contact the Federal Financial Supervisory Authority (BaFin). If necessary, the bank can take action against the bank.

These steps will help you get an expungement permit quickly and minimize potential financial damage.

How to find a lawyer for credit and banking law

A lawyer can be very useful if there is a delay in DSL Bank granting permission to delete. Despite BaFin’s intervention, many buyers still have a problem getting a cancellation permit in a timely manner, which often makes it more difficult to finalize real estate transactions.

A credit and banking lawyer can help you get a write-off from the bank in a number of ways:

1. Law enforcement: The lawyer can ask DSL Bank to give permission for erasure in writing and identify the relevant legal claims § 875 BGB included. If the bank does not respond in time, the lawyer can take legal action.

2. Claims for damages: If you have suffered financial damage as a result of the bank’s delay, the lawyer can find out if there are any claims for damages § 280 BGB there and claim against the bank.

3. Legal measures: If the bank does not respond despite requests, the lawyer can file a lawsuit in court. This can lead to the need for the bank with the court permission to delete it.

4. Late payment interest: The lawyer can also ask for default interest if the delay has caused financial disadvantages. This is governed by Section 286 of the German Civil Code (BGB).

With legal support, we can implement your claims professionally and efficiently. We will also investigate whether it is possible to switch to another provider early, which will require a detailed review of your contract. Don’t hesitate to take it Get in touch forward!

Consequences of delay: This can happen

The delay in clearance by DSL Bank is having a major impact on those affected, especially in the real estate sector:

• Delaying the sale of a home: Without deletion permission, existing land charges cannot be deleted from the land register. This prevents the sale from being completed as the buyer usually expects the property to be acquired without any restrictions.

• Financial loss: The delay could cause buyers to drop out or the sale price to drop. In addition, additional interest costs may arise if sellers continue to pay interest on a loan even though the sale was already planned.

• Projects for new buildings are delayed: In construction projects, tradesmen’s bills cannot be paid​​​​or new phases of construction cannot be started because the bank does not pay out the already agreed funds.

• Lawsuit: In some cases, buyers or tradesmen may consider taking legal action to obtain compensation if the delay causes obvious financial loss.

So, it makes sense Get a lawyer involved early. Experience shows that consulting with a professional and qualified attorney can lead to a faster expungement approval. Our law firm has already successfully represented a large number of injured DSL bank customers and can record a very high success rate in this area. The commissioning of our law firm usually means that the deletion license is granted immediately. In many cases we also ensure that the DSL bank (if the legal breach can be clearly documented) pays back the legal fees in full. Here too, it is important to hire a law firm that knows the opponent well.

Decision

If the erasure permit is not issued or delayed, this could lead to significant financial damage or legal problems. It is therefore important that customers comply and continue to push for permission to delete. Experienced attorney in banking and credit law can give you adequate support.

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