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Claims company saying you were miss sold?
ACG
Posts: 24,979 Forumite
https://www.mortgagestrategy.co.uk/fscs-sees-rise-in-spurious-mis-selling-claims-against-brokers/
It seems that even the FSCS is calling them out on their "spurious" claims.
If you believe you have been miss sold, speak to the company directly. You get to keep 100% of any claim, no risk of being liable for costs to these claims companies and your details are not being sold off to the highest bidder.
I would 100% prefer any of my customers to get in touch with me directly so we talk through everything if they believe I have done something wrong.
It seems that even the FSCS is calling them out on their "spurious" claims.
If you believe you have been miss sold, speak to the company directly. You get to keep 100% of any claim, no risk of being liable for costs to these claims companies and your details are not being sold off to the highest bidder.
I would 100% prefer any of my customers to get in touch with me directly so we talk through everything if they believe I have done something wrong.
I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
Comments
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perhaps it's someone elses fault but the one who signed the mortgage syndrome"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
What a surprise....
There is currently a daytime TV advert that goes on about so many thousands of people they are dealing with but no successes mentioned.
Someone who knows a bit more about these things said that the CMCs who deal in these areas know there is a low success rate but dont need success to make money. They either sell them off to solicitors in packages. Or, now that solicitors have realised they are getting no value in them, they are crowdfunding investors in litigation. It it will be the crowfunders that lose money.
The more people a claims company has as potential complaints, the greater amount it is likely to raise via crowdfunding. ANd by the time those investors want their money back, there will be little or nothing left.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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