First National Bank PPI

MLP_MLP

Could anyone help me with a PPI query.

My elderly father took out a number of secured loans with First National back in the mid 1990's.

He has found paperwork for 2 of these loans and both had PPI attached, they were joint loans with my mother who did not work at the time.

Due to the long period of time that has passed since he took the loans out is it still possible to make a claim against First National.

I am also struggling to find an address to write to them at, some forums are saying Santander but I'm sure Santander had no part in the sale of this back in the 1990's.

Can anyone point me in the right direction.

Thank you

[Deleted User]

The fact that your mother did not work is irrelevant since only the lead name on the joint loan would have been covered by the PPI. This is therefore not a reason for complaint.

Of course Santander will not have had any part in the sale, but that is still who you should write to in the first instance nowadays to complain about PPI With First National
https://www.fca.org.uk/ppi/contact-first-national-bank

Santander may then refer your complaint to GE Money or Pinnacle Insurance.

What will your complaint be?

EDIT:
I'm surprised you are struggling with this since, in 2010, you claimed you were a mortgage broker yourself:
https://forums.moneysavingexpert.com/discussion/comment/34563335#Comment_34563335

MLP_MLP

Thanks for your help.

I don't have a complaint. I'm just trying to help my father to find out who to write to.

Thanks though

[Deleted User]

MLP_MLP wrote: »

I don't have a complaint. I'm just trying to help my father to find out who to write to.

I should have instead asked what will your father's complaint be?

MLP_MLP

He says that at the time he was told he had to have it and it would improve his chances of being accepted for the loan. It was single premium and front loaded to the loan.

I don't know anything about what exactly was said to him at the time but he has just happened across the paperwork whilst having a clear out and has seen it on Martin Lewis show about PPI so wanted to investigate.

Do you think that's fair?

[Deleted User]

MLP_MLP wrote: »

It was single premium and front loaded to the loan.

That should be the main basis of any complaint he might make.

Purely a matter of interest but as a (former?) broker yourself, have you had any PPI complaints against you to defend against?

MLP_MLP

I have had the odd subject access enquiry (mainly instigated by claims management companies) but never had to defend a claim as I have never sold PPI.

I have sold ASU payable monthly to protect the mortgage.

I know where you are coming from, I don't like the claims culture at all which is why I've always steered clear from encouraging people to claim just because they might have PPI.

In my dad's case he was very naive and I find it believable that he would do whatever he was told in order to secure the loan.

Thanks again for your help.

Richey_

Robbydabanca wrote: »

Hello. I also asked a question.

Rude.

Troll.

dunstonh

Robbydabanca wrote: »

Hello. I also asked a question.

Thread hijacking is considered rude. You should post your question on your own thread and not someone elses that is still running. Your question could take over the thread and leave the original posters unanswered or drowned out.

[Deleted User]

dunstonh wrote: »

Thread hijacking is considered rude.

Looks like post-building to me..