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Standard Life PPI
arniecardigan
Posts: 8 Forumite
Sorry if this has been posted before!
I have had two mortgages with Standard life and have just discovered I had PPI on them both which I did not want or need.
I want to reclaim the PPI however Standard Life Mortgages don't exist anymore as they were bought by Barclays so who do I contact to start my claim Standard Life or Barclays??
Any help would be appreciated.
Thanks
I have had two mortgages with Standard life and have just discovered I had PPI on them both which I did not want or need.
I want to reclaim the PPI however Standard Life Mortgages don't exist anymore as they were bought by Barclays so who do I contact to start my claim Standard Life or Barclays??
Any help would be appreciated.
Thanks
0
Comments
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Standard Life mortgages were typically retailed via brokers. So, you would complain to the broker. That is unless you bought direct. In which case you complain to yourself.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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Thanks for the reply, I did go through a broker does that make them liable?0
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arniecardigan wrote: »Thanks for the reply, I did go through a broker does that make them liable?
Yes. The seller is responsible.urs sinserly,
~~joosy jeezus~~0 -
Only if it was missold.arniecardigan wrote: »Thanks for the reply, I did go through a broker does that make them liable?
Why do you not think you needed it? If your income had dried up as a result of losing your job you would have lost your home.
The only circumstances in which there would be no need for cover would be a serving Police officer (who cannot be made redundant), living off a pension or owing a tent!0 -
:beer:Exactly my point I'm a serving police officer!!0
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Did you buy before or after January 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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Had one standard life mortgage prior to 2005 then another in 2007! Why?0
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Insurance with brokers didnt become regulated until January 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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Ok so I take it the broker would not be liable for the PPI on the earlier mortgage? but would be for the 2007 one!?0
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They would be liable for the advice given leading to sales made in the 2007 one.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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