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Mortgage PPI
Butterfliesarepretty
Posts: 1,984 Forumite
In 2001 I had a mortgage with northern rock for nine months.
Northern Rock Head Office wrote to me few weeks ago saying I had an account with them (mortgage) that had ppi on it and they asked me to fill in with information and send back.
I had never written to them so it was out of the blue, so ive sent it back and realised that part of my mortgage £6k of it was unsecured and must have had ppi on it that I didnt know about.
As I had the mortgage for only nine months and moved house and changed to nationwide - what amount should I be looking at as money back if I due some?
Northern Rock Head Office wrote to me few weeks ago saying I had an account with them (mortgage) that had ppi on it and they asked me to fill in with information and send back.
I had never written to them so it was out of the blue, so ive sent it back and realised that part of my mortgage £6k of it was unsecured and must have had ppi on it that I didnt know about.
As I had the mortgage for only nine months and moved house and changed to nationwide - what amount should I be looking at as money back if I due some?
Mortgage Free 2016Work Part Time:DHouse Hunting In France 2023
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Comments
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what amount should I be looking at as money back if I due some?
Assuming they agree it was mis-sold or decide to auto pay out, the amount will likely be tiny. Typical premiums on MPPI are in the £20-£40 range. So, 9 months isnt going to get you many payments. Plus if yours was one of them that had x months free (i seem to recall they did a few offers like that) then it will be even less.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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