The number of payment protection insurance (PPI) claims handled by the Financial Ombudsman Service (FOS) grew by ten per cent in the last three months of 2011, it has been revealed.Senior members of the organisation suggested that it processed 55,907 complaints during the last quarter of the year.The bank or insurance companies alleged to have mis-sold PPI cover were found guilty in more than half of the cases that it was forced to deal with.Banks and insurers who throw out claims made by their customers often find that the grievances are taken up by the FOS and leaders have indicated that PPI issues are now accounting for a major proportion of the body's workload.Many people have been left out of pocket because firms have sold them insurance policies on top of mortgages, credit cards or loans that essentially protect them if they lose their job for whatever reason.Earlier this month, the Press Association reported that up to 130,000 PPI claims would be processed in 2012-13.Jennifer HainesJennifer's speciality knowledge is credit card changes and balance transfers.
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.