Nationwide mortgage PPi

Babbsy

I’ve had a nationwide mortgage for nearly 10 years now. Is it possible that I will have been paying PPI on this and will I be eligible to claim?

antrobus

Babbsy wrote: »

I’ve had a nationwide mortgage for nearly 10 years now. Is it possible that I will have been paying PPI on this and will I be eligible to claim?

I don't know. Look on your bank statements, do you have a monthly DD for an insurance company?

If not, then you don't have PPI.

Nasqueron

It is certainly possibly, indeed, quite normal, to have MPPI to protect your home in case of job loss or long term illness. It would have been setup either with your broker/estate agent/bank etc and given it was taken out in 2008 there would be a long paper trail showing what you signed up for etc.

Look through your paperwork to see how to make a claim.

If you mean complain, not claim, then you can if you have it but you should be aware very few complaints, as a percent, succeed in MPPI given that it's rare to find someone who was not eligible or who didn't need the cover especially for sales post 2005

dunstonh

Babbsy wrote: »

I’ve had a nationwide mortgage for nearly 10 years now. Is it possible that I will have been paying PPI on this and will I be eligible to claim?

Its a bit worrying that you dont know what insurances you are paying. Everybody should be able to know what direct debits are going through their bank account. Do you not check your bank statements and reconcile them at all?

I usually find at least one error a year that needs resolving. Think how many you may be missing.

[Deleted User]

Babbsy wrote: »

Is it possible that I will have been paying PPI on this

It's possible certainly, but it won't be "hidden", you'll be paying a monthly separate Direct Debit which should be simple to spot on your Bank Statements. If you can't see such a regular payment, then you don't have MPPI.