Posts Tagged ‘ PPI ’

Mis Sold Mortgages

June 24, 2011
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Mis sold mortgages are a more common problem than you might imagine. Many people were either sold inappropriate mortgage products or were not given reliable information to help them make the right decision over which mortgage to opt for. In either case, this has led to mis sold mortgages and many borrowers have either successfully claimed or are looking to claim compensation. In some cases this can total £10,000 or more. Endowment mortgages were frequently mis sold. This product was effectively a combination of an interest only mortgage and an endowment policy. The borrower paid off accrued interest while...

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