Posts Tagged ‘ mis sold mortgage ’

A Sign That You Need to Look at Mis Sold Mortgage Claims

September 21, 2011
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Are you really struggling to pay back your monthly payments? This is one of the clearest signs that you should be considering mis sold mortgage claims. These often occur when the mortgage adviser who sold the deal in the first place didn’t give the customer the best advice and left them with a debt which is too big for them to reasonably pay. This could mean that they were given a mortgage on a buy to let scheme which they couldn’t afford, the monthly payments were always going to be too high for them or any one of a...

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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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