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Missold interest only mortgage scam?
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funnymonkey
Posts: 256 Forumite
Good afternoon.
I have seen on facebook some adverts relating to being able to claim for being missold a interest only mortgage after 2004
I was wondering if this is true or a scam as I havent heard anything at all.
Many thanks
I have seen on facebook some adverts relating to being able to claim for being missold a interest only mortgage after 2004
I was wondering if this is true or a scam as I havent heard anything at all.
Many thanks
0
Comments
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What do you want to claim for exactly?0
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I have seen on facebook some adverts relating to being able to claim for being missold a interest only mortgage after 2004
I was wondering if this is true or a scam as I havent heard anything at all.
Many of the facebook adverts are scams.
There is no issue with interest-only mortgages. The FOS have an almost template like response to anyone raising complaints. If it was from before the credit crunch and arranged after 2004, it was not missold as there were no rules against interest only. if its before 2004, then its pre-regulation.
A number of the facebook advertising CMCs have upfront fees or are using the data they obtain to sell other services.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.0 -
Everything you see on Facebook is true.0
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Are they fronted by a picture of Martin Lewis and a quote about how he recommends them?0
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