PPI search by 3rd party

karenp50

HI Everyone
After reading this website i think i have made a mistake in signing a form for a company to seach for my PPI
Is it too late or can I try and search for this myself. I was sortin my paperwork the other day and the words PPI were on our mortgage papers so I do believe we will be entitled to a payment
if its too late then that's a lesson learnt just wondered if anyone out there could advise

Thank y ou

[Deleted User]

If you've already engaged them, then you'll need to pay them for any redress.

The good news is that mortgage PPI wasn't often mis sold so there probably won't be any payout.

[Deleted User]

karenp50 wrote: »

. I was sortin my paperwork the other day and the words PPI were on our mortgage papers so I do believe we will be entitled to a payment

The acronym PPI on your mortgage agreement does not indicate that you are "entitled" to anything. To get a refund on this insurance, you'd have to show it was somehow mis-sold to you.

As to your engagement of a Claims management Company, it depends exactly what you have signed. If you've simply signed a Letter Of Authority allowing them to enquire about any PPI you may have had then you should still be able to back out. However, if you've signed a full contract giving them permission to complain on your behalf, it's unlikely you'll be able to cancel this without penalty.