Mortgage PPI 13 March 2019 at 9:54PM in Reclaiming mortgage fees, council tax, etc 8 replies 1.9K views

WoodyB

I have taken out a mortgage on my right to buy property with Havering Council in the early nineties. I am sure I have been mis sold PPI and have tried contacting and writing to the council with no response. I have also looked into companies assisting me with this but no one will contest against the council. Has anyone else experienced this? If so, do you know how I can overcome this?

Many Thanks

[Deleted User]

No one will have details from that far back.

dunstonh

I am sure I have been mis sold PPI and have tried contacting and writing to the council with no response.

What makes you think that the council sold you PPI? (clue - they wouldnt)

Bermonia

If you have evidence present it... if not then that is the end of the matter.

[Deleted User]

WoodyB wrote: »

I am sure I have been mis sold PPI and have tried contacting and writing to the council with no response. I have also looked into companies assisting me with this but no one will contest against the council.

Councils did not sell PPI. Why on earth would they? No wonder you are getting no response to your "complaint". You bought an ex Council House on a Right To Buy scheme.

If you had PPi, you must have bought it yourself, but it doesn't sound like you had a policy at all.

sensayuma

I took a mortgage out with building society in 1985, in the 90's it was taken over by the Mecantile, which was later taken over by The Leeds building society.
I still have original documents from 1985, but my question is - how would I know if PPI was added to the loan - is it obvious?? Would it be referred to as 'payment insurance'? What terminology would have been used? I've written to the Leeds, but they've said I need to prove the insurance had been added. Thanks for any help/advice given

[Deleted User]

PPI was still very rare in the 1980's so it's unlikely you had it on that finance.

Regardless, thirty four years on, only you will have documentary proof of anything.

If you don't have proof not just of a policy, but also payment, you might as well give up now..

dunstonh

how would I know if PPI was added to the loan - is it obvious?

Very obvious. It would be on your statements.

Would it be referred to as 'payment insurance'?

No. PPI is a more modern name. It was known as accident, sickness and unemployment cover or ASU back then.

I've written to the Leeds, but they've said I need to prove the insurance had been added.

That was always the likely outcome as 1985 pre-dates the building societies act 1986 and the financial services act 1988. Back at that point, most building societies had not introduced their own product range in readiness for those acts and still used local brokerages or had agency arrangements with different insurers (which would make it pre-regulation of insurance which started in 2005).

So, bottom line is that it is unlikely you had it but if you did its unlikely they sold it

sensayuma

Many thanks.