I had the same problem (BTW is anyone else posting this in a Bryant House built between 97 and 2002?), and here's my fix. The thermostatic capsule (looks like a bullet with a shiny rod sticking out) has to placed 'just so'. The mixers are assembled flat so there's no problem; but once in situ a poor design gives problems. If you shine a torch into the mixer you can see three brass prongs, the blunt end of the capsule must be in between these. Unfortunately the slightest vibration when screwing the cover back causes the capsule to drop down, when screwed together it pushes one of the prongs permanently keeping the water cock open. I used something from my fishing tackle; plastic bags made of a water soluble plastic are packed around the capsule holding it in the correct position while the cover is screwed back. You must thoroughly dry the inside of the mixer first otherwise the bags start to dissolve too soon. When the water is turned on the bags very quickly dissolve and the mixer works fine. FYI fishermen use these bags filled with bait pieces and tied to the line to ensure 'free samples' are going to surround your baited hook when the bag dissolves.
Richard Dawes, February 2009