Nearly 6,000 people made compensation claims for payment protection insurance (PPI) refunds to the Financial Ombudsman in the previous financial year, despite not being entitled to make a PPI claim.However, these made up less than four per cent of the total number of PPI claims.Furthermore, there was a 28 per cent increase in the number of complaints the service received in this period compared to the previous year.However, the number of people complaining about missold PPI rose by 51 per cent over this timeframe, with 157,716 complaints received.Chief ombudsman Natalie Ceeney said: "I think it's perfectly understandable for people to ask their bank - did I have PPI?"More than £9 billion has been set aside for PPI refunds from a wide range of institutions and lenders.Director of consumer advocacy group Which? Richard Lloyd recently argued many banks need to transform the way they deal with these grievances.John Fieldman Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.
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/search.aspx 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. 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.
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