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Mortgage PPI complaint

Hi All

Looking for a bit of advice.

I entered into an Trust Deed which was 8 years ago and have had varied success with PPI reclaims.

My question is my Mortgage was nothing to do with my Trust Deed as it was paid off before I entered into a trust deed will this PPI be paid to me or the trust deed company.

Comments

  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    My question is my Mortgage was nothing to do with my Trust Deed as it was paid off before I entered into a trust deed will this PPI be paid to me or the trust deed company.

    Your administrator should be made aware as it is treated as an asset from prior to the trust deed. They will then decide (typically depends on whether all the creditors were paid in full or not).
    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.
  • magpiecottage
    magpiecottage Posts: 9,241 Forumite
    1,000 Posts Combo Breaker
    Why do you think you are entilred to money in respect of your PPI policy?
  • Why do you think you are entilred to money in respect of your PPI policy?

    According to the bank when I spoke to them they have agreed that indeed I was mis sold this policy while taking out my mortgage.

    As my mortgage was cleared off long before I entered into a trust deed I was wondering who would receive this money
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