Mortgage with Cheltenham & Gloucester through Lloyds TSB

rookeydooks

Hi,

Please can I ask advice if I was mis-sold PPI.

I took out a Mortgage with Cheltenham & Gloucester through my local Lloyds Bank around 16 years ago and still have it.

I remember after being accepted for a Mortgage I was ushered through to a Lloyds Financial Advisor at the branch to talk about various insurances which I took out. Things like if I lost my job, life insurance, critical illness cover etc.

I was that thrilled at getting accepted for a Mortgage I practically signed everything the Lloyds Financial Advisor threw at me, believing I needed it.

Is this the same thing as PPI



Thank you for your time.

dunstonh

Is this the same thing as PPI

No. It means you sought advice and were given advice on a range of products.

It is possible one of the products is ASU as MPPI didnt exist 16 years ago. However, Lloyds only ever issued monthly premium ASU and not single premium. So, that eliminates the biggest complaint reason.

Do you have any reasons to believe what you were advised was wrong?

_Andy_

Presumably you wouldn't be whinging if you'd needed to have claimed on them?

rookeydooks

Thanks dunstonh, really appreciate your time and clear explination on the differance between Mortgage Insurances and PPI.

_Andy_
Whinging .. lol ? I simply asked is this the same thing as PPI.
Pointless post. Nice to know theres always someone ready to but-in and add no value to members questions. :T