Halifax PPI reclaim

Halifax provides a large number of mortgages to people purchasing residential properties. The lender is part of the Lloyds Group the country’s largest financial group. Alongside its mortgages Halifax sells payment protection cover. This type of insurance protects a borrower from falling into debt as a result of involuntary unemployment by stepping in to take over repayments. The cover has received a lot of negative press; however, and many people have questioned its usefulness and the value it provides. Although mortgage payment protection itself is not a bad product it has not always been sold correctly and this has resulted in some customers being left with unsuitable policies or cover they did not want or need. As a consequence there has been an increase in the number making PPI claims including Halifax PPI reclaims.

There are several ways in which you may have been mis-sold a policy and these can be divided into roughly two categories. Mis-selling concerns what happened at the point of sale and you need to question whether you: (a) were sold a policy that was suitable for your needs and (b) whether you were given complete and correct information.

Were you sold a policy that was suitable for your needs?
Most payment protection insurance policies have a high number of exemptions meaning that not everyone can be offered cover. Common circumstances that may make you ineligible for a policy include: if you have a serious pre-existing medical condition, if you are over the age of sixty-five or if you are self employed. Because of human error or a lack of training some policies may still have been offered and sold to unsuitable customers meaning you could, potentially, have been sold a policy you could not use.
Were you given complete and correct information?
Before you took up your policy you should have been advised of the full terms and conditions of your cover as well as the costs. If you did not receive this information it could be regarded as mis-selling. Similarly, if you were told something that was inaccurate, for example that taking the cover would improve your chances of being given the loan, you may also be able to make a claim.

To find out more about making a Halifax PPI reclaim and to find out whether you could be entitled to PPI refunds call 0207 471 2000.

blog comments powered by Disqus

Quick Claim

First Name

Last Name

Mobile Phone

Home Phone

Address Line 1

Town

County

Post Code

Circumstances

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.

Please note that calls may be recorded and email traffic monitored for the purposes of security and staff training.

* 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.