Belmont Thornton Logo
Claim Back Loan Insurance

PPIclaims 2011

Even though everyone is aware of the fact that there are literally tens of thousands of active PPIclaims 2011 it is also understood that this is just the tip of the iceberg. The High Court has ruled that lenders must review claims whether they are relating to policies dated before or after 2005.  Now it is expected that PPIclaims 2011 will be more than double what had been anticipated. These projections are based on the fact that consumers understand they can go back as many as 10 years to see if they had been mis-sold PPI. Whether a claim is dated 2011 or 2001 lenders must review all payment protection insurance claims and judge each one on its own merit.

Devastating Blow to Bankers and Other Lenders

This latest ruling was a devastating blow to bankers and other lenders because now, even though payment protection refunds are at record levels they will continue to increase significantly in your future. Many banks are already setting aside billions of pounds in order to meet those claims as they come in. In fact, PPIclaims 2011 are forecast to reach record proportions unlike anything ever seen in the lending industry before. The money being set aside is not only to pay compensation and payment protection refunds, but will also be used to hire upwards of 6000 workers who will be needed to process the increase in PPIclaims 2011.

What You Should Know about Filing PPIclaims 2011

Even though the news is good, one thing you should be aware of is the fact that lenders will be presented with so many PPIclaims 2011 that you may have to wait several weeks to receive a response. In addition, some lenders also face cbacklogs after placing claims on hold while the High Court judgement was pending. As a result tens of thousands of  mis-sold PPI claims are yet to be reviewed.

PPIclaims 2011, although being submitted in record numbers, should be reviewed within eight weeks.

If you would like assistance with your claim, call our team on 0207 471 2000.


Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Why Choose Us?

  • TickAbsolutely No Upfront Costs. No Win No Fee*
  • TickSpecialist Claims Team Always On Hand To Answer Your Questions
  • TickQuick, Easy And Simple Process
  • TickU.K. Based Call Center
  • TickGuaranteed To Start Your Claim In 24 Hours

Loan claim: Building societies warn of house price bubble

The Building Societies Association (BSA) is the latest to warn about the potential house price bubble that could arise f...

Bank claim: Lloyds raised concerns on Co-op finances

Lloyds Banking Group was aware that the financial position of the Co-Operative bank was unstable, said Lloyds chief exec...

Loan claim: first time buyers locked out for a decade

First time buyers will have to save up their deposit on a house for more than ten years, according to research from the ...

Bank charges: Commission tackles issue of RBS

The weak position of the Royal Bank of Scotland (RBS) is damaging to the UK economy, according to the Parliamentary Comm...

Bank charges: Report says customers and taxpayers were failed

Customers and taxpayers have been failed by the financial sector, according to the final report from the Parliamentary C...

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.

Please note that calls may be monitored for the purposes of staff training.

* 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.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide