PPI Claim Company Logo
PPI Claims - About PPI

PPI Claim News - 18/11/2011

 
PPI Claims: Property 'can provide income boost'

Homeowners who have a mortgage and are struggling to make financial payments could check to see if they are eligible to make a payment protection claim on insurance that was missold to them.

Another way for people to seek a financial lump sum from their property could be to release the equity that has accumulated in their home over the years, said Paul Rumbold, an independent financial adviser at Wayne Austin IFA.

He said that on average a person around the age of 60 could expect a windfall of between 15 to 30 per cent of the total value of their property.

Money from PPI claims or equity release could then be further invested to generate extra income.

Mr Rumbold's comments came after the Alliance Trust Research Centre found inflation rates of 5.8 per cent are cutting the amount of disposable income available to many people over the age of 65.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking  ADNFCR-2776-ID-801215354-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Quick Claim

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email
Circumstances
Claim Back Mis-Sold PPI Button

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.