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Bank has admitted mis-selling, now what?

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Comments

  • dunstonh
    dunstonh Posts: 120,363 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It tends to happen where the complaint is not upheld but a goodwill gesture offered. Often the goodwill gesture is offered to avoid the FOS fee. However, if the person then goes to the FOS, the firm can withdraw the goodwill offer and wait to see what the FOS decide.
    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.
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It was stated from the get go that the Bank had admitted to a mis-sale.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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