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No Win No Fee PPI Claims

In order to earn commissions and increase the overall loan amount, some lenders convince borrowers that payment protection insurance (PPI) is mandatory or beneficial, when in reality borrowers are not obligated in any way to purchase insurance policies for their loans. Fortunately, lenders that use such deceitful tactics to mis-sell PPI policies are routinely held liable for refunds and many major financial institutions have even been find millions of pounds. Shockingly, the majority of loan protection insurance plans in the United Kingdom could be considered mis-sold PPI policies, which is why the majority of claims filed against dishonest lenders and credit card companies are honoured.

PPI Eligibility Explained

Surprisingly, to be eligible for payment protection assistance you have to be over the age of 18, under the age of 65, work more than 60 hours a week, have no pre-existing medical conditions, and not be enrolled in any form of full-time education. In addition, your reason for being unable to make repayments cannot be caused by work absences that are due to family or personal issues. In basic terms, if you were unable to work for one of the many common reasons , then you'll be unable to receive repayment assistance from the insurance company, and would instead have to file a no-win no fee PPI claim to receive some type of assistance in the form of a PPI refund.

How to Know If Your PPI Was Mis-Sold

The first indicator that you may have been mis-sold a PPI policy can usually be seen during the loan signing, as this is usually when lenders will attempt to persuade borrowers that the policy is mandatory or other beneficial. Suspicious bank charges related to unknown insurance policies may also be an indicator of a mis-sold PPI policy. In some cases, the lender will even neglect to mention the policy or its terms and conditions completely, making it so the borrower would have to closely review their monthly loan statement or the loan contract to discover the PPI policy. Of course, given the low rate of claims honoured by payment protection insurance companies, it's not surprising that approximately 50,000 consumers in the United Kingdom attempted to file no win no fee PPI claims last year alone.

How to File a No-Win No Fee PPI Claim

With the assistance of Belmont Thornton you can begin reclaiming PPI without having to deal with the stressful process of contacting lenders and financial authorities. The PPI claims team is accustomed to dealing with private lenders, prominent financial institutions, and credit card companies, and will therefore know who to contact and how to represent your case in order to facilitate an expeditious claims process. If you were to attempt to file a PPI claim independently, not only would the process require more effort and time spent on your behalf, your chances of success would also be significantly lowered. Fortunately, a professional PPI claim team will not charge you for their services unless you're able to receive adequate compensation for the mis-sold PPI policy, as we are no-win no fee* PPI claims management firm.


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Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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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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