During The Height Of The Housing Boom Many Companies Were Mis-Selling Mortgages To Thousands Of Homeowners
Mis-sold mortgages have not only been the cause of many people facing financial hardship but have also caused people to fall into poverty, go bankrupt and been a contributing factor to families breaking up.
The reasons that a mortgage is classed as mis-sold vary widely, from your financial situation not being properly and competently checked over to the mortgage broker failing to explain it to you properly. The list is already long and growing as more scandals are uncovered.
We Always Push For The Highest Possible Compensation
We never settle for less than total satisfaction, and that’s why every one of our clients leave with a smile on their face and the highest possible sum of compensation in their pocket.
Finding Out If You Are Eligible Is Easy
With the majority of victims of mis-sold mortgages eligible for compensation, everyone with a mortgage should make sure that they aren’t next in line for thousands of pounds in compensation. You are only potentially eligible if your mortgage was taken out after 31st October 2004.
The reasons that your mortgage could have been mis-sold are plentiful, here are just some of them:
- When the mortgage adviser, seller or broker incorrectly told you that the best course of action was to cancel your current mortgage to take out a new one instead of extending your current mortgage
- When the mortgage adviser, seller or broker did not comply with the FSA rules and/or guidelines
- When other mortgages which would be a more suitable for you were available but not discussed with you
- When the mortgage adviser, seller or broker did not supply Initial Disclosure documents, a Statement of Demands
- When the mortgage adviser, seller or broker did not inform you of the commissions, penalties and/or charges that you may have to pay
- When the mortgage adviser, seller or broker did not fully explain to you the consequence of taking out an interest only mortgage
- When the mortgage adviser, seller or broker did not take the time to fully understand your financial situation before continuing
and Needs, a Key Facts document, Mortgage Illustrations or a letter confirming the suitability of the mortgage
Do any of these apply to you? Or perhaps you aren’t sure?
Get In Touch Now And We Can Find Out If You Are One Of Thousands That Have A Claim
With our lawyers being some of the best in the country, you know that you are in safe and proactive hands with us.