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Can you claim PPI on mortgages?

can you claim ppi back on mortgages????

Comments

  • dunstonh
    dunstonh Posts: 121,388 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You can complain about anything you like.

    MPPI though has fewer issues than other types of PPI and has a lower success rate on complaints. Partly for a number of reasons.
    1 - many are put in place under advice and not a sales process (adviser complaints only account for 0.2% of PPI complaints at FOS - most are rejected) - plus many advisers only became regulated in January 2005.
    2 - its the one PPI that is generally regarded as worth having
    3 - it is usually set up correctly (monthly standalone)
    4 - its not covering some tin pot debt. It is covering a debt with lifestyle changing consequences if it isnt paid.
    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.
  • roonaldo
    roonaldo Posts: 3,420 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    fionas02 wrote: »
    can you claim ppi back on mortgages????
    there is nothing wrong with having PPI on a mortgage. It's not having PPI that is the issue, its the mis-selling that happened.
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