Halifax Loan Insurance

If you have a mortgage it is very likely you may also have some form of payment protection insurance. Payment protection cover is a type of insurance designed to protect a policyholder by taking over debt repayments if they cannot work due to sickness, accident or involuntary unemployment. The cover has been heavily criticised, though, as it can be very expensive and does not always offer good value for money. This point was emphasised by a 2008 Competition Commission survey that found only 28% of customers who tried to use their mortgage payment protection policies received a payout. This means, potentially, that more than two-thirds of mortgage payment protection policyholders may be paying for a policy they would be unable to use

Another issue with mortgage payment protection cover, like Halifax loan insurance, is that it has been widely mis-sold. Mis-selling can range from a policyholder not being given sufficient information prior to the sale to the customer being sold a policy that was totally unsuitable for their needs. Mis-selling has become a significant problem throughout the lending world and there has been a dramatic rise in the amount of customers making payment protection insurance claims.

If you believe you may have been mis-sold a policy you too could make a claim. We have already helped in excess of 60,000 customers and recovered more than £50 million. We aim to get a full refund of all premiums paid for every customer plus 8% interest.

Remember there is no limit to how many claims you can make and you can even make a complaint if your loan in already paid off. You may also have been mis-sold payment protection cover alongside a credit card, loan, store card or hire purchase agreement. To start your claim for mis-sold Halifax loan insurance or just to find out more information call 0207 471 2000.

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Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273

Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.

Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.

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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.