pretty complex

antdon

OK... So this is pretty complex....
But it has the potential to pay off my mortgage....

My mortgage with the Halifax was taken out in 1987. And is currently still running.
After 5 years, in 1992, I bought my second home and took out my second mortgage with the halifax.
The second mortgage paid off the first mortgage.

I put in my ppi claim.

The halifax replied saying that when the 1st mortgage was paid off, the PPI policy should have changed to reflect the new mortgage roll number....
So they paid £5900 to reflect the return of my payments & interest from 1992 until 2000
(I can only assume that in 2000 there was a new ppi taken out)(I cant remember)

I have just had another letter from the Halifax saying that they have upheld my claim and will return
payments and interest minus claims paid
(they quoted my second mortgage roll noumber)
I assume that will be from 2000 until now....
(a little complex, as I had a claim in 2000)

But I have recieved no letters yet about the original mortgage taken out in 1987.
I asume that I will have a claim from 1987 to 1992 plus the interest (this I would imagine to be pretty substantial).

My question is....

Could the Halifax use their mistake in not changing the original PPI (in 1992) to get out of the 1987 to 1992 claim?

dunstonh

You are lucky as Halifax are returning premiums on virtually everything at the moment. Even where there is no case to answer. It's open season there.

Could the Halifax use their mistake in not changing the original PPI (in 1992) to get out of the 1987 to 1992 claim?

Unlikely given their current stance on paying out.

However, the only way you will know is to ask them

antdon

Thanks for the reply..

I suppose I will just have to wait and see what happens....

I have just ammended a spreadsheet (provided by Niggly)

So at last I can work out what the mortgage PPI claim should pay out.... Provided I can find out when mppi payments changed
(in theory anyway)