PPI on mortgage with ex partner

SouthUKMan

On finding old paperwork, I noticed that we (meaning an ex partner and I) had PPI on a joint mortgage held in the late 90s / early 00s with Nationwide. We were with the lender for six years. I would like to investigate a possible PPI claim. However before I do, I would like to get advice from the knowledgeable people on here, as there is a complication

I have not spoken to my ex for around 15 years, and I have no desire to make contact now - even if it means NOT making a claim. Yes, pride comes before a fall and all that...

Can anyone advise please? Is it possible for one person to make a PPI claim against a lender based on a joint loan?

PS. The reason I think a claim might potentially be valid is that at the time we had both been in long-term well paid jobs, and that we both had life insurance and income replacement policies in place. The PPI element passed me by at the time...

dunstonh

I noticed that we (meaning an ex partner and I) had PPI on a joint mortgage held in the late 90s / early 00s with Nationwide.

Was the MPPI sold by nationwide or by an estate agent/mortgage broker? (most are sold by agents/brokers)

Can anyone advise please? Is it possible for one person to make a PPI claim against a lender based on a joint loan?

Some lenders will not take instructions unless they are made by both of you. Some will but they will reduce the payout 50/50 if successful (noting that most MPPI complaints fail - so, you will be going into this with the expectation that failure is the most statistically likely outcome).

he reason I think a claim might potentially be valid is that at the time we had both been in long-term well paid jobs, and that we both had life insurance and income replacement policies in place. The PPI element passed me by at the time...

Nothing there suggests any missale reason. Indeed, it actually confirms eligibility.

SouthUKMan

Thanks. On reflection I'm going to leave it alone. It's all rather too long ago, involves someone I have no desire to speak to again, and I have very little paperwork, and even less evidence that the PPI was mis-sold (even though I genuinely don't recall agreeing to it, nor would I!). Sometimes life is too short... and maybe this is one of those occasions!

[Deleted User]

SouthUKMan wrote: »

I genuinely don't recall agreeing to it

The mortgage documentation would contradict your memory and would have your signature plainly showing you DID agree to it. Of course, if you didn't read (or care) what you were signing that would account for your lacking recall.

It's myth sponsored by Claim Companies that PPI was routinely added to loans, credit cards and mortgages without the knowledge and permission of the customer. It's possible it happened in some cases, of course, but there would be great difficulty proving it. If you didn't agree to the PPI, why did you continue paying it for the life of the mortgage?