More than 1,500 new complaints about missold payment protection insurance (PPI) are being received by the Financial Ombudsman Service every day.The public body reported in its newsletter Ombudsman News that in total, it has received more than 400,000 PPI complaints."Ever rising volumes of PPI complaints" are "currently arriving at double the forecast level" chief ombudsman and chief executive of the body Natalie Ceeney said.The ombudsman revealed that when it receives a PPI claim, it first examines whether or not the company that provided the policy gave the customer fair, clear information that did not mislead them.This enables the ombudsman to determine if the PPI policyholder made an "informed choice" about the transaction.Furthermore, the public body then looks as to whether the lender took steps to ensure it was recommending a suitable policy to its clients when providing recommendations or advice.Customers will be more likely to make a successful PPI claim if the lender did neither of these, the ombudsman revealed.Amir Hussain Amir specialises in personal loans, consumer debt and debt management.
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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