Mis-sold Northern Rock mortgage

Widdy76

Hi,
I keep seeing feeds on Facebook about claiming money back from Northern Rock, I know this is likely with regards to PPI, but I took a Northern Rock mortgage out about 12 years ago.
I signed up for a fixed rate mortgage, it turned out that I had a variable rate, so our payments kept increasing, Being a first time buyer I didn't really think at the time to query this, am just wondering if it's worth pursuing now?
has anyone any experience of this?
Thanks

kingstreet

Didn't you notice the difference on your mortgage offer and raise it at the time with the lender, or whoever arranged it?

Didn't you sit down with the solicitor you appointed to handle the transaction to go over the details of the mortgage offer?

You can make a complaint to the organisation which advised you to take the mortgage concerned if somehow you feel it failed to meet your needs.

dunstonh

I signed up for a fixed rate mortgage, it turned out that I had a variable rate, so our payments kept increasing,

So, when you realised that, what did they say when you showed them your contract saying you were on a fixed rate?

, am just wondering if it's worth pursuing now?

No. You are barred from complaint. The 3/6 year rule has been met (more than 6 years from purchase and more than 3 years from being reasonably aware of an issue).

I keep seeing feeds on Facebook about claiming money back from Northern Rock,

Beware facebook ads. Many of them are dodgy as hell. Especially the ones that focus on mortgage or pension misselling. They have other motives.

Thrugelmir

Widdy76 wrote: »

I signed up for a fixed rate mortgage, it turned out that I had a variable rate, so our payments kept increasing,

When and how much did your variable interest rate change?

amnblog

Wires crossed here.

A variable rate taken 12 years ago was more likely to have dropped.

Johop1550

Can anyone tell me if it is possible to claim PPi from Northern Rock with just a MIRAS form 76 for proof.
Mortgage taken out in 1992.

dunstonh

Johop1550 wrote: »

Can anyone tell me if it is possible to claim PPi from Northern Rock with just a MIRAS form 76 for proof.
Mortgage taken out in 1992.

MIRAS form wont show you had PPI.

You will be reliant on NRAM having access to data from the period you held it. And that assumes it was NR that sold it to you (and not an estate agent or mortgage broker).