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Reclaim PPI applied to Northern Rock mortgage by Lloyds agent
swittle
Posts: 1 Newbie
Hello.
In 1997, I took out a repayment mortgage on a private house with Northern Rock. The estate agency was headed up by Lloyds Black Horse estate agents. The staff member I dealt was was very insistent that I needed to take out insurance in case I was unable to meet my repayments. Despite repeated requests for clarity, I had no clear idea what I was signing up to, then or now.
What actions, if any - are open to me, please?
Steve
In 1997, I took out a repayment mortgage on a private house with Northern Rock. The estate agency was headed up by Lloyds Black Horse estate agents. The staff member I dealt was was very insistent that I needed to take out insurance in case I was unable to meet my repayments. Despite repeated requests for clarity, I had no clear idea what I was signing up to, then or now.
What actions, if any - are open to me, please?
Steve
0
Comments
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You would make a complaint to the agents.
Do they still exist?0 -
hat actions, if any - are open to me, please?
None. It is 8 years prior to regulation.
Black Horse Agencies changed hands and no longer exists. You have no-one to complain to. You did not use a Lloyds agent. Lloyds retail banking had nothing to do with Black Horse Agencies. It was a standalone company within the group. It was not manned by bank staff.
BHA sold to to Bradford and Bingley who then later sold it to Countrywide. However, as its pre-regulation, none of that matters. You have no-one to complain to.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
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