Can I reclaim a rejected PPI

silkyuk9

Several years ago when all this PPI claims came out we decided to use glastone and brooks as we were not too sure how to proceed. After 2 years the ombusman went in favour of our bank and rejected our claim.

Several years ago we took out a PPI for our mortgage, after a few years we cancelled the insurance as we could no longer afford it. The cost was around £40 per month.

Ok, little history, both myself and my wife both work for the NHS and did so when the PPI was offered to us, the mortgage advisor in the bank (HSBC) told us it was good to have as if we went on the sick or could not work our mortgage would get paid.

The issue is if we go sick we get paid full pay for 6 months and half pay for a further 6 so at no point would either of us be stuck for money to pay the mortgage, at the time of the PPI purchase we were with another trust and full pay was 12 months.

Anyway, over the course we have succesfully claimed several PPI's back with the above assumption. The ombusman went in favour of our lender so G and B closed the case.

So is it possible I can put in a reclaim or is that it? our claim was rejected last year by the way.

[Deleted User]

silkyuk9 wrote: »

After 2 years the ombusman went in favour of our bank and rejected our claim.

That really was the end of your complaint. Any attempt to re-open it will just be met with a terse reiteration of the original rejection.

The Ombudsman is the final arbiter.


You still have the option of taking the Bank to court if you wish...

dunstonh

After 2 years the ombusman went in favour of our bank and rejected our claim.

And that makes it game over.

Ok, little history, both myself and my wife both work for the NHS and did so when the PPI was offered to us, the mortgage advisor in the bank (HSBC) told us it was good to have as if we went on the sick or could not work our mortgage would get paid.

Nothing wrong with that. The FOS have been rejecting MPPI complaints with 6 months full pay, 6 months half pay. Its a good reason with loan and credit card PPI given the short term nature and the debt not being so serious. However, mortgages are serious and are long term.

o is it possible I can put in a reclaim or is that it? our claim was rejected last year by the way.

No. you had your attempt and it failed. That is it. Apart from court but a court is less consumer friendly than the FOS and whilst the court will make its own decision, they would consider the decision of the independent arbiter of complaints. Plus, there isnt actually anything wrong with having MPPI with 12 months sick pay. There is better you could have but its not about best. Would it have paid out? yes. Were you eligible? yes. So, on what basis would you take court action? (hence why most PPI court cases have failed).