LTSB Mortgagesure PPI

Soapyjoe_2

No,

the best way to beat bullies is to stand up to them. Karma my cat faced friend.

[Deleted User]

Soapyjoe wrote: »

What reason would I need to have for the policy to be misold to me?

Soapyjoe wrote: »

Karma my cat faced friend.

Karma isn't a valid complaint reason either!:p

dunstonh

Karma isn't a valid complaint reason either!

Probably stands more chance of success though

magpiecottage

The original complaint will not stand up because there is no evidence.

The fact that your home is at risk if you do not keep up repayments means you "have" to have cover in the sense that it is "essential", rather than "compulsory". The Mortgage Code Compliance Board confirmed this in its good practice notes (page 14 for those who still have copies!).

So the complaint should fail.

Soapyjoe_2

Last year I posted on this site for advice regarding a PPI complaint. I was met with ridicule and accusations of being a 'compensation chaser' from so called experts.
Just to let the experts know that I have received a payment from LTSB regarding my mis-sold policy.
It seems the advice given on this site was incorrect and in light of recent reports in the media of the practises that LTSB claim handlers undertook, I feel totally vindicated.
Just goes to show that the experts(namely dunstonh, Moneyineptitude and magpiecottage) were wrong.
Don't believe everything you are told by employees of banks or the 'experts' on this forum.

-taff

Did they uphold your complaint or was it a goodwill gesture? Did the FOS rule in your favour or give Lloyds a chance to offer you payment?

[Deleted User]

-taff wrote: »

Did they uphold your complaint or was it a goodwill gesture?

The Bank originally rejected the complaint.Read the OP.

-taff

Are you being really picky on purpose today?

[Deleted User]

Soapyjoe wrote: »

Just goes to show that the experts(namely dunstonh, Moneyineptitude and magpiecottage) were wrong.

Really?

Moneyineptitude_last_year wrote: »

You are now entitled to take your original complaint to the Ombudsman
http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#step4

This was 'wrong" in what way?

Moneyineptitude_last_year wrote: »

The operator you spoke to has no way of knowing whether FOS will overturn the Bank's rejection, but you won't know unless you try.

You can expect a wait of many many months.

Again, in what way were my comments "wrong"?

magpiecottage

I stand by my position that the complaint, as the OP presented it to us, should have failed.

So either the uphold was because of something we do not know, or it as a matter of commercial or political expediency.