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PPI on Mortgages

As if payment protection on loans wasn't enough, lenders really outdid themselves when mis selling PPI on mortgages. The main problem isn't that they got one over on us and sold us a useless insurance policy, but that the cover was just so expensive that it increased our monthly payments by as much as 50% in many cases.

Compensation for Mis Sold PPI on Mortgages

The ray of hope in the mis-selling of PPI on mortgage is that if you have been mis-sold a policy you are entitled to make payment protection claims. Where claims are successful you will ordinarily receive a refund of all premiums paid plus interest at 8%.

How was PPI on Mortgages mis-sold?

There are a variety of ways in which mortgage PPI may have been mis-sold. Common examples include policies being added without the customer's consents, customers being given incorrect information regarding the policy, its terms, conditions or costs. A policy may also be considered mis-sold where it is sold to someone who is inelible to use it or does not actually need the cover. People commonly ineligible to hold PPI policies include the self-employed and people aged sixty-five and over. You may not need in the cover if you already have cover in place or are in secure employment with entitlement to full sick. 

How to File a Claim against Mis Sold PPI on Mortgages

The first step when making any kind of PPI complaint is to clarify your grounds for submitting your complaint and the amount of compensation you believe you are entitled to. It is often helpful to go back over past states or your original documents in this regard.

Belmont Thornton has a team of experienced claims handlers ready to assist you with filing a claim against mis sold PPI on mortgages. Simply call 0207 471 2000 to speak with a member of the customer care team today.

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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 number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

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