Can Halifax cancel my mortgage for reclaiming Total Mortgage Protection Plan PPI ?

happypuppy

I have been unfairly sold the Halifax Total Mortgage Protection Plan when I took the mortgage back in 2005. I am still with halifax for the mortgage and reached the end of the deal so no restrictions on moving.

1. If I renew my mortgage with Halifax, can they cancel my current mortgage if I reclaim Total Mortgage Protection Plan under unfair advice etc. I've read about this happening with current accounts when a PPI claim was successful the bank terminated the account.
2. I am thinking of renewing my mortgage and staying with halifax (as this is the cheapest option for me ), so if I claim and they are legally allowed to terminate my mortgage I would like to avoid the hassle by transferring the current mortgage with halifax to say Alliance and Lecister for example, and then do the claim.

Thanks for any advice

di3004

happypuppy wrote: »

I have been unfairly sold the Halifax Total Mortgage Protection Plan when I took the mortgage back in 2005. I am still with halifax for the mortgage and reached the end of the deal so no restrictions on moving.

1. If I renew my mortgage with Halifax, can they cancel my current mortgage if I reclaim Total Mortgage Protection Plan under unfair advice etc. I've read about this happening with current accounts when a PPI claim was successful the bank terminated the account.
2. I am thinking of renewing my mortgage and staying with halifax (as this is the cheapest option for me ), so if I claim and they are legally allowed to terminate my mortgage I would like to avoid the hassle by transferring the current mortgage with halifax to say Alliance and Lecister for example, and then do the claim.

Thanks for any advice

Hi there
Good luck with this and hope you get it all resolved soon.

I am sure Dunstonh will be able to help you with this one, hopefully who will be here at some point later.

Fingers crossed for you.:)

dunstonh

If I renew my mortgage with Halifax, can they cancel my current mortgage if I reclaim Total Mortgage Protection Plan under unfair advice etc. I've read about this happening with current accounts when a PPI claim was successful the bank terminated the account.

No they cant

I am thinking of renewing my mortgage and staying with halifax (as this is the cheapest option for me ), so if I claim and they are legally allowed to terminate my mortgage I would like to avoid the hassle by transferring the current mortgage with halifax to say Alliance and Lecister for example, and then do the claim.

No they cant.

I have been unfairly sold the Halifax Total Mortgage Protection Plan when I took the mortgage back in 2005.

On what grounds and what evidence do you have to support that?

Remember that a lot of the things you can complaint about with credit card and loan PPI wont apply to mortgage PPI. You tend to find the evidence trail with a mortgage is greater. i.e. they will probably have a needs analysis and verification of eligibility.

So, what do you have to counter that?