Mortgage Claims

Making a mortgage claim requires a different legal process to making a claim under the Consumer Credit Act (commonly known as 'debt write off claims').  This is because only agreements under £25,000 fall under the remit of the Consumer Credit Act, therefore the majority of mortgages do not fall into this category.

When assessing a mortgage claim, there are a number of areas that our panel solicitors can look at, which include:

1. Mortgage indemnity guarantees

2. Unfair early redemption penalties

3. Sub prime mortgage agreements

4. Mortgage Payment Protection Insurance (MPPI or PPI)

5. Secret commissions

6. Miscalculated APR's

7. Unfair charges

8. Unfair terms & conditions

9. Any form of 'unjust enrichment' by the lender

10. Known misconduct of the lender that has resulted in a fine from the FSA

11. Endowment policies or investment bonds

12. Overpayments

As a general rule, more of the above points are potential areas for investigation for sub prime mortgages and mortgages where one or more intermediaries were involved.  The overall fairness of a relationship will be looked at and you can read about a recent case here: http://news.bbc.co.uk/1/hi/business/8332124.stm.

If you would like to find out if you may be entitled to claim compensation on a current or redeemed mortgage, please contact us today.

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>> Reclaim Bank Charges
>> Can I really write off debts?
>> Consumer Credit Act: History
>> False Claims
>> Mortgage Claims