PPI Reclaiming discussion Part III

pinknico

To my knowledge I am afraid if you have made a claim it means you cant make a claim for mis selling. If you want concrete answers to your other questions, eg can you now cancel the PPI? I would contact the FSA or FOS who can advise you.

Rollercoaster

Can anyone advise?

We took out a loan with Future Mortgages 6 years ago and were told that the ppi was compulsory. My husband was also self employed at the time, so I don't know if he was even covered or not. Anyway I wrote to Future Mortgages and shortly after they replied that we had got the loan via a broker and to contact them. I then wrote to the broker - Greenhill Finance and have received an acknowledgement and their complaints proceedure.

So, I'm wondering if anyone has sucessfully got their ppi back from Greenhill Finance or any broker? I'm concerned that we're going to be bounced back and forth between the two companies.

Also their complaints proceedure says that they have 8 weeks to respond, I used the template letter that stated 40 days. Can they stick to 8 weeks?

The total amount is over £4k and we could really do with it right now.

pinknico

Rollercoaster wrote: »

Can anyone advise?

We took out a loan with Future Mortgages 6 years ago and were told that the ppi was compulsory. My husband was also self employed at the time, so I don't know if he was even covered or not. Anyway I wrote to Future Mortgages and shortly after they replied that we had got the loan via a broker and to contact them. I then wrote to the broker - Greenhill Finance and have received an acknowledgement and their complaints proceedure.

So, I'm wondering if anyone has sucessfully got their ppi back from Greenhill Finance or any broker? I'm concerned that we're going to be bounced back and forth between the two companies.

Also their complaints proceedure says that they have 8 weeks to respond, I used the template letter that stated 40 days. Can they stick to 8 weeks?

The total amount is over £4k and we could really do with it right now.

Firstly the 40 days is for a SAR request. The broker have 8 weeks to complete their investigation and deal with your complaint.
I have not heard of Greenhill Finance hopefully someone else will come along who has.
Yes brokers have been known to refund PPI.
Good luck;)

di3004

Rollercoaster wrote: »

Can anyone advise?

We took out a loan with Future Mortgages 6 years ago and were told that the ppi was compulsory. My husband was also self employed at the time, so I don't know if he was even covered or not. Anyway I wrote to Future Mortgages and shortly after they replied that we had got the loan via a broker and to contact them. I then wrote to the broker - Greenhill Finance and have received an acknowledgement and their complaints proceedure.

So, I'm wondering if anyone has sucessfully got their ppi back from Greenhill Finance or any broker? I'm concerned that we're going to be bounced back and forth between the two companies.

Also their complaints proceedure says that they have 8 weeks to respond, I used the template letter that stated 40 days. Can they stick to 8 weeks?

The total amount is over £4k and we could really do with it right now.

Hi Rollercoaster.

Yes its 8 weeks they have to respond to your reclaim-complaint and 40 days for the SAR (Subject access request).

I take it you have done the both then......or not ?
The reclaiming letter and the SAR?
Or is the timescales the confusion for you for the complaint ?

8 weeks in full for reclaiming.
40 days for SAR.

Hope this helps and it maybe worth you checking this out on the forum next to this one "Successes & failures" to see if anyone else has had dealings with these.

Good luck.;)

(sorry Pinknico, missed your post) lol X

boo34

hi as i put today i won the ppi.
would anyone no of any companys that would insure me for the loan i still have running as i have cancelled the one with the bank. any advice would be great thank you all,

nice to see you on here today di:D , you have been a great help to me and many others on here keep it up.:A
also,
marshallka,:A
pinknico,:A

maxdp

boo34 wrote: »

hi as i put today i won the ppi.
would anyone no of any companys that would insure me for the loan i still have running as i have cancelled the one with the bank. any advice would be great thank you all,

nice to see you on here today di:D , you have been a great help to me and many others on here keep it up.:A
also,
marshallka,:A
pinknico,:A

Hi Boo

Think London and Victoria do stand alone PPI.

boo34

hi thank you for that
do the have a website,sorry to be a pain.
:T maxdp.

10past6

pinknico wrote: »

I dont have a covering letter but I would just write that you have not filled it in as you feel they should already have the information and that you still expect them to proceed with your complaint.

OK, how does this sound, short & sweet:

"Reference your recent questionnaire regarding PPI attached to my loan.


Please find enclosed the requested questionnaire uncompleted as I believe the details you're requesting are held on your own databases taking into account NO claim has ever been made against the policy"

pinknico

Found this written by Martin BOO34
Standalone insurance can be over 70% cheaper
If you need insurance, it’s possible to get similar cover at around a third of the cost, simply by buying a specialist insurance policy separate to the loan. For more details read either the Cheapest Loan Insurance or Cheap Credit Card Insurance guides.

pinknico

10past6 wrote: »

OK, how does this sound, short & sweet:

"Reference your recent questionnaire regarding PPI attached to my loan.


Please find enclosed the requested questionnaire uncompleted as I believe the details you're requesting are held on your own databases taking into account NO claim has ever been made against the policy"

Looks good to me.