alliance and leicester

peter_karda

had a mortgage with alliance and Leicester which I took out 15 year ago, I have paid it off now. was told the best way to get was to take out ppi with them, so I did. since then they sold on the ppi to another company and have also been taken over by Santander. any ideas on what to do ? :cool:

Nasqueron

peter_karda wrote: »

had a mortgage with alliance and Leicester which I took out 15 year ago, I have paid it off now. was told the best way to get was to take out ppi with them, so I did. since then they sold on the ppi to another company and have also been taken over by Santander. any ideas on what to do ? :cool:

What to do? What do you want to do?

If you mean you feel the MPPI was miss-sold then put in a complaint explaining why you didn't need it or why it wouldn't have covered you.

Simply saying you were told it would help is pointless as you can't prove it and won't have any documents to support that.

Did you have substantial sick package (e.g. civil service levels 6 months full 6 months half) with enough savings to cover your payments? Similarly could your savings or earnings from a partner cover the mortgage if you lost your job and were unable to work for say 6 months or a year?