PPI

[anonymous-user]

[redacted]

[anonymous-user]

anonymous said:

[redacted]

You knowingly took out insurance against a known risk to protect your house.

Look into what exactly?

[Collectingbrass]

anonymous said:

[redacted]

The one thing you don't want is to contact a PPI claim company, they'll take a percentage for doing what you can *easily* do yourself.

Just because you had a PPI product doesn't mean you have a PPI claim, although you probably do. The first thing you need to do is establish whether you have a misselling claim. This falls into two grounds as I remember it:

- was the insurance product sold poor value & tied to the mortgage product and you weren't told you could seek alternatives on the open market?
- did you had similar cover elsewhere, most likely from your employer at the time having death in service benefit, paying better than statutory sick pay and/ or you having a notice period. Obviously this doesn't apply if you were self employed.

If either or both of these is true contact the company who sold you the mortgage and the insurance and tell them you want to make a PPI claim as you believe you were missold the insurance. Everything should then be fairly simple.

[PurpleMoonlight]

anonymous said:

[redacted]

That's not what you said in your original post.

[Jockman]

PurpleMoonlight said:

anonymous said:

[redacted]

That's not what you said in your original post.

Good point but based on this new information what would you suggest PM?

[bugmenot]

Fortunately, it doesn't sound like you were mis-sold.

[CzechItOut]

Do it yourself via Resolver

https://www.resolver.co.uk/

I took out a similar insurance product as you when I took out my first mortgage. It was only £6 a month, but I have recently received all my premiums dating back to 2005 plus 8% interest back.