Missold mortgage

Michelle_Young

A company called Sapphire Legal keep calling my partner saying his mortgage was missold and they can get him £30,000 back and that they are recommended by Martin Lewis and Watchdog. We cannot find anything on this company, no website or anything and the paperwork they sent had another claims company name on who say they are nothing to do with Sapphire Legal. When we rang them a woman said they are part of the 'Radiant' group but we can't find anything on them either. A woman saying she is from Sapphire keeps ringing asking for £20 for a file and £200 for a mortgage report to progress the "case". How would she know our case is worth £30,000? Is this a scam?

VortexSteve

Sounds like a scam if they want money up front. As you say if they don't have this info how can they claim to recover £30,000. I assume they contacted your partner completely out of the blue, does he actually have any reason to think the mortgage was missold?

McKneff

Definitely a scam.

They cant possibly know your personal business, they are good at
implying all sorts of things.

They will tell you they will try, they will say they tried, they failed,
then they have you up front fee, they would be laughing all the way to the bank with all your money

maginot

They don't. They have plucked the figure from thin air to try and play on people's greed!
They are asking for money up front and you will never see this again and most definitely would not receive £30,000. Why do they/you think your mortgage was missold and what are they asking for e.g. Should have been lower interest rate, no redemption fee etc?

g_attrill

Watchdog does not recommend people like that, and I am certain that ML would not authorise anybody to use his name like that. It's probably worth sending an email to the MSE team with as much information as you have on the company, I'm sure they would be interested.

Michelle_Young

My partner did a re-mortgage to buy out his ex-wife and an advisor friend found him a mortgage with GMAC. He said it was a good interest rate but this woman from Sapphire keeps insisting he was missold the mortgage. It was only a small mortgage of £50,000 at the time and he now only owes about half that and hopes to pay it off later in the year with an investment which is about to mature. I cannot see how he could possibly be due £30,000. It does not make sense but this Sapphire woman just won't go away and keeps ringing asking for card details.

Michelle_Young

g_attrill wrote: »

Watchdog does not recommend people like that, and I am certain that ML would not authorise anybody to use his name like that. It's probably worth sending an email to the MSE team with as much information as you have on the company, I'm sure they would be interested.

I thought as much. Do you know the e-mail for the MSE team?

FraudBuster

Advance fee fraud is when fraudsters target victims to make advance or upfront payments for goods, services and/or financial gains that do not materialise.

http://www.actionfraud.police.uk/fraud-az-advance-fee-fraud

dunstonh

MSE doesnt endorse anything like this and it smells like a classic case of advance fee fraud.

Report it to the board admin so they can pass it on. The board has taken action against companies using the MSE name before.