Endowment/pension Mortgage compensation calculation

priceworld

I have been offered £7400 compensation for my mis-sold pension mortgage which works the same as the endowment mortgage.

I am currently complaining to the ombudsman to increase the offer as Zurich will only calculate based on £38,300 not the £51,500 which is actually the mortgage amount. They made a mistake on the fact find which they never showed me.

I asked for a detailed breakdown of the Mortgage fundamentals calcution used to work our compensation and they have used very low interest rates (definately lower than I was paying) are thay trying to fiddle me again or should I stay quiet, I can't make my mind up which?

I have looked at exasoft who have the software to make the calculation but they charge over £50 per calc.

Can anyone help me get hold of some software that will help me work it out for myself?

Thanks
Priceworld

dunstonh

I asked for a detailed breakdown of the Mortgage fundamentals calcution used to work our compensation and they have used very low interest rates (definately lower than I was paying) are thay trying to fiddle me again or should I stay quiet, I can't make my mind up which?

They use the Halifax standard variable rate unless you supply them with the actual rates you paid. You have a choice which they use.

priceworld

dunstonh wrote: »

They use the Halifax standard variable rate unless you supply them with the actual rates you paid. You have a choice which they use.

Which is better for me lower or higher rates?

Cheers for response.