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Mis-sold mortgage

I have been contacted by Consumer Money Matters Limited claiming that they believe they have significant ground to put a mis-sold mortgage claim forward.


Fee payable for this service is as follows which is backed by their “NO PAYOUT NO FEE GURANTEE”
So if your claim is unsuccessful for any reason the admin fee will be refunded.
£150 + plus V.A.T for the administration of the claim and £10 for the subject access request report.

If they are successful with the claim they charge 29.5% inclusive of VAT

Has anyone out there have any advise.....

Thanks Fairycakes

Comments

  • taxsaver
    taxsaver Posts: 620 Forumite
    Yes - ignore it!

    If they are so confident then they won't need a fee upfront will they? :rotfl:
    If you feel my comments are helpful then I'd love it if you 'Thanked' me! :)
  • Yorkie1
    Yorkie1 Posts: 12,072 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The only they're confident of is taking you for a ride ...
  • JQ.
    JQ. Posts: 1,919 Forumite
    Tell them to do it for no cash upfront and you'll increase their split to 90%. I'll bet they don't take you up on the offer.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Were you missold a mortgage? You must have some idea!

    If you were, put in a claim yourself. It's not hard.

    If you weren't, why would you pay someone £150+ to find out?
    (and no, I don't believe their refund promise. Read the small print - there'll be some catch in there somewhere!)
  • sonastin
    sonastin Posts: 3,210 Forumite
    Its an awful lot easier to keep the money in your bank than it is to recover it from someone who owes it to you.

    If you like lending money to strangers on the promise that they'll return it, can I have £20 please? I promise you can have it back next time I see you...
This discussion has been closed.
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