We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Want to become a Forum Ambassador? Visit the Community Noticeboard for details on how to apply
Missold interest only mortgage scam?
funnymonkey
Posts: 260 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
-
What do you want to claim for exactly?0
-
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
-
Are they fronted by a picture of Martin Lewis and a quote about how he recommends them?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards