A bit lost/confused

MonkeyUK

Hi everyone

I hope someone can help me, I've started looking at starting my PPI claim but am stumped at the first hurdle!

I bought a house with Taylors Countrywide and was basically forced to make a decision there and then to take the PPI as they told me I couldn't have a mortgage with it (the mortgage was with Nationwide). I think the PPI was with Taylors Countryside Insurance, but I think they changed their name(?)

The house was bought about 15 years ago and I was paying something like £80/m for the insurance

I haven't got any paperwork, and wondered how should I approach this?

I'm really confused, I've had mental health issues and am doing my best to get this sorted - thankyou for any help fellow MSE'ers

-taff

You will have to forget this complaint as it was sold to you by a firm that were not regulated at the time of selling.
Also, it's possible if it was a broker who sold it to you that they were in effect taking payment for arranging the mortgage by you purchasing MPPI.

MonkeyUK

That's interesting, as far as I remember, the person I was dealing with was some kind of independent finance person who operated within the estate agent(?)

Does that make a difference?

-taff wrote: »

You will have to forget this complaint as it was sold to you by a firm that were not regulated at the time of selling.
Also, it's possible if it was a broker who sold it to you that they were in effect taking payment for arranging the mortgage by you purchasing MPPI.

[Deleted User]

No. It's still pre regulation.

dunstonh

That's interesting, as far as I remember, the person I was dealing with was some kind of independent finance person who operated within the estate agent(?)

Doesn't matter. Insurance regulation didnt start until Jan 2005.

Countrywide didnt employ IFAs. (not that it would make any difference). They employed mortgage brokers.