More consumers could be looking for bank refunds in the near future, as institutions are said to be pushing "useless" insurance packages onto customers. According to analysts at Defaqto, there is a growing number of banks and insurers who are offering expensive cover that is not required. Indeed, the organisation's banking specialist David Black told This is Money that Britons need to be careful what they sign up for when they take out a loan, credit card or mortgage. "There is a huge appetite in banks for selling these kinds of products to existing customers - banks like to call it 'deepening the relationship'," he was quoted as saying. In many cases, insurers are encouraging vulnerable customers to take out a policy for electronic goods that are already protected by existing home contents cover. The Financial Ombudsman Service revealed yesterday (January 17th) that the number of payment protection insurance claims it has been forced to deal with has grown sharply in the past year.Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
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.