Dear All,
in 2006 I took out a
mortgage
of 50k with the
Halifax, at the same time I was sold PPI for illness/
redundancy by the estate agent (halifax estate agents arranged sale of my house, new motgage and PPI)
Having picked up recently on all the news on miss selling im beggining to think i was possibly miss sold. Any thoughts or help would be welcome.
My facts.
At the time of the mortgae application and PPI sale i was and im still severely disabled (paraplegic wheelchair user, all sorts of possible medical complications lie in wait!)
I am full time employed in higher education, my Uni has a no redundany policy (staff are redeployed rather than made redundant) also i have 6 months full pay 6 months half pay for illness and 3 x salary for death in service.
I also have savings that could clear my
mortgage if i 'really had to' and had them funds at the time of taking the mortgage out. At the time I prefered to keep funds as an emegency.
It is dawning on me that in all likleyhood that i would be unlikley to get any PPI payout for illness due to my 'pre existing contidion'. Also i had not considered at the time or was asked about my work benefits which would provide me with enough money to cover payments up to 12 months, after which point i could pay my mortgage off anyway from savings.
Does this look like i have been miss sold? and if so what action should i be taking now. I have paid a premium of £40 ish a month for the last 6yrs 2 months.
any thoughts or advice greatly appreciated.
Cheers
narkedoff
Sold PPI on mortgage, when i have a severe disability ... recalim?
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Originally Posted by narkedoff
