We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

GE Money

Options
Ferry_Jambo
Ferry_Jambo Posts: 20 Forumite
in Reclaim PPI & other insurance
Hi

I've just discovered this forum and was wondering if any of you think I would have a valid claim on some PPI. Let me know if you need more info to comment - I'll see what I can dig up.

Anyway, we bought a kitchen from a company called Space Kitchens (now taken over by Weatherseal I believe) in 2007. It seems they added some PPI (front loaded is the term that seems to be used on here) which came to an additional £2000 on the total loan. The loan itself was provided by GE Money.

To be honest the whole Space Kitchen's pushy salesman act never sat right with me from the beginning (although I went with it to keep the wife happy) and having read a few posts on this forum I'm wondering if I might just have a case to claim back on the PPI.

Not sure of the relevance but here's my main concerns:

Neither of us recall PPI being mentioned (although we did sign for it)

My wife hasn't worked since 2001 but the loan (including the PPI element) is in both our names (the salesman was made aware that my wife didn't work but didn't comment)

The PPI lasts for 5 years, the loan for 10years.

Don't worry about upsetting me if I'm on the wrong track with this. If I'm getting my hopes up for no good reason - let me know as I'd rather put it down to experience and move on. I just thought there would be no harm in asking.

All comments and pointers welcome.

Thanks in advance.
Stranded in the wild west.

Comments

  • tiggrae
    tiggrae Posts: 1,771 Forumite
    Ferry_Jambo wrote: »
    Hi

    I've just discovered this forum and was wondering if any of you think I would have a valid claim on some PPI. Let me know if you need more info to comment - I'll see what I can dig up.

    Anyway, we bought a kitchen from a company called Space Kitchens (now taken over by Weatherseal I believe) in 2007. It seems they added some PPI (front loaded is the term that seems to be used on here) which came to an additional £2000 on the total loan. The loan itself was provided by GE Money.

    To be honest the whole Space Kitchen's pushy salesman act never sat right with me from the beginning (although I went with it to keep the wife happy) and having read a few posts on this forum I'm wondering if I might just have a case to claim back on the PPI.

    Not sure of the relevance but here's my main concerns:

    Neither of us recall PPI being mentioned (although we did sign for it)

    My wife hasn't worked since 2001 but the loan (including the PPI element) is in both our names (the salesman was made aware that my wife didn't work but didn't comment)

    The PPI lasts for 5 years, the loan for 10years.

    Don't worry about upsetting me if I'm on the wrong track with this. If I'm getting my hopes up for no good reason - let me know as I'd rather put it down to experience and move on. I just thought there would be no harm in asking.

    All comments and pointers welcome.

    Thanks in advance.
    If you believe you are a victim of mis selling (refer to main PPI mis selling guide) you are quite within your rights to make a complaint - you have to do it to the company who 'sold' you the PPI and not to the lender GE Money
  • the_knitting_drummer
    the_knitting_drummer Posts: 158 Forumite
    Ferry_Jambo wrote: »
    Anyway, we bought a kitchen from a company called Space Kitchens (now taken over by Weatherseal I believe) in 2007. It seems they added some PPI (front loaded is the term that seems to be used on here) which came to an additional £2000 on the total loan. The loan itself was provided by GE Money.
    Our friend Tiggrae here is correct, you need to complain to the monsters who sold the policy, rather than the lender.

    Was it 'Space Kitchens and Bedrooms' or 'Space Kitchens and Bathrooms'?

    If it was the former, you will need to put a claim in to the FSCS. This is because Space Kitchens & Bedrooms Ltd entered into administration before a sale of part of the business was
    completed to Weatherseal Holdings Ltd. As a result the sale was an asset purchase sale and therefore Weatherseal Holdings Ltd has not assumed and liabilities of Space Kitchens & Bedrooms Ltd.

    I'm not sure if the same applies to the latter, but if you write to them they'll tell you what's what.

    Good luck my friend! :D
    I drum and knit to help Independent Drummers and Knitters to comply with their rhythms and knitting patterns. Although I am qualified to, I don't advise drummers or knitters for reward.
  • Ferry_Jambo
    Ferry_Jambo Posts: 20 Forumite
    Thanks for the reply's

    I'll double check the actual paperwork this evening and make sure I direct letters to the correct company.

    Nothing ventured nothing gained as they say!

    Here's hoping
    Stranded in the wild west.
  • di3004
    di3004 Posts: 42,579 Forumite
    Hi there

    I would make a reclaim and pursue the ones who set up and sold you the account, so in other-words the dealer of where you purchased your kitchen.
    As they have been taken over then maybe its Weatherseal you would write to.

    They may try it on by saying that you were aware that you signed up for the PPI, but keep at them with your reasons of being pressurised. Do not back down.

    As long as you have the account number you can continue to make a reclaim.

    http://www.moneysavingexpert.com/reclaim/ppi-loan-insurance#reclaim

    Good luck and ask for further help if required.
    The one and only "Dizzy Di" :D
  • Ferry_Jambo
    Ferry_Jambo Posts: 20 Forumite
    the_knitting_drummer wrote: »
    Our friend Tiggrae here is correct, you need to complain to the monsters who sold the policy, rather than the lender.

    Was it 'Space Kitchens and Bedrooms' or 'Space Kitchens and Bathrooms'?

    If it was the former, you will need to put a claim in to the FSCS. This is because Space Kitchens & Bedrooms Ltd entered into administration before a sale of part of the business was
    completed to Weatherseal Holdings Ltd. As a result the sale was an asset purchase sale and therefore Weatherseal Holdings Ltd has not assumed and liabilities of Space Kitchens & Bedrooms Ltd.

    I'm not sure if the same applies to the latter, but if you write to them they'll tell you what's what.

    Good luck my friend! :D

    Just checked - it was Space Kitchens and Bedrooms so looks like it'll be the FSCS that I contact first.
    Stranded in the wild west.
  • tiggrae
    tiggrae Posts: 1,771 Forumite
    Ferry_Jambo wrote: »
    Just checked - it was Space Kitchens and Bedrooms so looks like it'll be the FSCS that I contact first.
    check on their website - it lists all those in default
  • Ferry_Jambo
    Ferry_Jambo Posts: 20 Forumite
    tiggrae wrote: »
    check on their website - it lists all those in default

    SKB Realisations Limited formerly Space Kitchens & Bedrooms Limited in default since July 2010. FCSC it is then!

    Thanks to all
    Stranded in the wild west.
  • tiggrae
    tiggrae Posts: 1,771 Forumite
    Ferry_Jambo wrote: »
    SKB Realisations Limited formerly Space Kitchens & Bedrooms Limited in default since July 2010. FCSC it is then!

    Thanks to all
    We're all here to help - good luck!!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.7K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.5K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture