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Copy of Mortgage Documents
Comments
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NRAM and the Advisor say I would have signed a declaration however neither have signed copies of ANYTHING. Im not saying i didnt sign something because I know I signed stuff at my solicitors, however nobody has a copy. However if thats all correct then no bother...just want to know what this extra money is for!!0
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Whilst looking through the paperwork from the broker and Northern Rock I noticed that the information in relation to my income and expenditure is incorrect, the applicatio states that my outgoings are almost £300 less than what they actuall were, not that this reflects on the PPI however seems starnge that the broker put incorrect info on the application...who knows!!
Northern Rock wouldnt know what a broker arranges. Its not their job to know. They get an application for mortgage (often submitted online) and paperwork sent in to support the mortgage. Nothing to do with PPI.
Was this before or after insurance regulation (Jan 2005)?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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it was 2007. Should NRAM not be able to tell me where this extra money is going and what its for, Ive been at them for over 8 months now and they still havent given me an answer.0
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yes it to NRAM.0
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Stop the direct debit. That should cause a reaction.0
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it was 2007. Should NRAM not be able to tell me where this extra money is going and what its for, Ive been at them for over 8 months now and they still havent given me an answer.
No. brokers do not tell lenders the products they sell. The lender only knows about the mortgage.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 -
If you are making a separate payment to the lender, it will probably be for an insurance product of some description. It could be buildings & contents insurance, or it could be mortgage payment protection.
Either way, I don't expect your broker sold it. If that was the case, it would be more likely to be with a separate firm.
IIRC NR did offer some mortgage payment protection free of charge at the outset. Is it possible you keep on such cover after the end of the free period?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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