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Claim Back Loan Insurance

PPI Sales

There are millions of PPI claims against lenders, some of which have been resolved and many of which are still ongoing. These claims are not against PPI policies that resulted from legal and ethical PPI sales but from the mis selling of payment protection insurance as part of the lending process.

Breaking the Rules of PPI Sales

Although loan insurance should be a very good thing, it was often not designed well meaning many customers were unable to use their policy or were left paying for something they didn't really need. PPI sales skyrocketed in the UK over a ten year period and many analysts were amazed at just how many policies were written. Unfortunately, the answer to that came in the form of a major complaint being filed against UK lenders by the Citizens Advice Bureau. The complaint revealed that many of the recorded sales may have actually been mis-sales and that many people may be entitled to make a claim. Many of the policies were sold to consumers who didn't want them, couldn't use them or simply didn't know they were being sold!

Specific problems with PPI Sales

Some specific examples of the way in which loan protection insurance has been mis-sold include: where a customer was pressured into taking out a policy, where the customer was, wrongly, told they had to have the cover, where it was added without their consent and where they were not made fully aware of the costs or conditions of their policy. Mis-sales also occured where customers were sold policies they did not need, for example because they were in stable employment or had cover in place elsewhere. Other customers were sold policies they were ineligible to use because they were self-employed, aged sixty-five or over or had a serious pre-existing medical condition.

If you feel your lender failed in your PPI sales and were in fact mis sold PPI cover, you have the legal right to file a claim against the lender who sold you that cover. Also, if you are unsure how to proceed with a PPI claim for a refund you can contact Belmont Thornton on 0207 471 2000 to get professional help filing a claim.


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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.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

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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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