We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

London Mortgage company PPI

Hi
Has anyone been able to claim PPI back from London Mortgage company. I believe Lehman Bros took them over in 2007 and now it's a company called Ascenden.

I had a mortgage with them from 2004-2007.

Thanks.

Comments

  • Why do you think you are entitled to your money back?
  • daztfs
    daztfs Posts: 10 Forumite
    I want to check if PPI was added to the loan as reading threads on Google it was added for most people. I never asked for it.
  • dunstonh
    dunstonh Posts: 121,294 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I want to check if PPI was added to the loan as reading threads on Google it was added for most people. I never asked for it.

    Its a mortgage not a loan. MPPI is nearly always monthly premium direct debit. The lender wont know if you had MPPI or not unless you arranged the mortgage through them.
    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.
  • daztfs
    daztfs Posts: 10 Forumite
    I read there have been some claims made against LMC as they forced people to take the PPI but it was added us an upfront sum to the Mortgage, I was just curious if anyone on here had claimed against LMC.
  • dunstonh
    dunstonh Posts: 121,294 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    daztfs wrote: »
    I read there have been some claims made against LMC as they forced people to take the PPI but it was added us an upfront sum to the Mortgage, I was just curious if anyone on here had claimed against LMC.

    In those cases, it is the broker that has liability. Not the lender. Although most mortgage brokers did not become regulated for insurance until January 2005. If they were a member of the mortgage code, then they would have to consider earlier complaints.
    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
    you need to contact the broker.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.