Mortgage prepaid insurance claim back

chrissycnc

Hi can anyone advise. I remortgaged my house back in 2002 through a mortgage broker I was sold PPI upfront and paid £1500 which was added to my mortgage I sold that property in 2004. I forgot about this until I found the paper work recently. My question is can i get back those premiums? I contacted the company and i am still insured on that property and have written a letter including proof that I sold the property what are my chances?

Thanks

dunstonh

My question is can i get back those premiums?

highly unlikely.

Most mortgage brokers did not become regulated until January 2005. A minority, who were members of the mortgage code, would have to consider complaints if they are still trading today. However, if the mortgage broker is no longer trading then you have no-one to complain to.

However, if you are just asking for a pro-rata refund from the point the property was sold, the insurer itself may consider that but will want evidence of sale.

chrissycnc

OK thank you for your help

I get a bit muddled up with claiming missold PPI because I complained about being missold too. I asked for 8% interest on top of the premiums less the 20 months i required cover which i should not have done. Whoops.