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    • Thank-you dx, What you have written is certainly helpful to my understanding. The only thing I would say, what I found to be most worrying and led me to start this discussion is, I believe the judge did not merely admonish the defendant in the case in question, but used that point to dismiss the case in the claimants favour. To me, and I don't have your experience or knowledge, that is somewhat troubling. Again, the caveat being that we don't know exactly what went on but I think we can infer the reason for the judgement. Thank-you for your feedback. EDIT: I guess that the case I refer to is only one case and it may never happen again and the strategy not to appeal is still the best strategy even in this event, but I really did find the outcome of that case, not only extremely annoying but also worrying. Let's hope other judges are not quite so narrow minded and don't get fixated on one particular issue as FTMDave alluded to.
    • Indians, traditionally known as avid savers, are now stashing away less money and borrowing more.View the full article
    • the claimant in their WS can refer to whatever previous CC judgements they like, as we do in our WS's, but CC judgements do not set a legal precedence. however, they do often refer to judgements like Bevis, those cases do created a precedence as they were court of appeal rulings. as for if the defendant, prior to the raising of a claim, dobbed themselves in as the driver in writing during any appeal to the PPC, i don't think we've seen one case whereby the claimant referred to such in their WS.. ?? but they certainly typically include said appeal letters in their exhibits. i certainly dont think it's a good idea to 'remind' them of such at the defence stage, even if the defendant did admit such in a written appeal. i would further go as far to say, that could be even more damaging to the whole case than a judge admonishing a defendant for not appealing to the PPC in the 1st place. it sort of blows the defendant out the water before the judge reads anything else. dx  
    • Hi LFI, Your knowledge in this area is greater than I could possibly hope to have and as such I appreciate your feedback. I'm not sure that I agree the reason why a barrister would say that, only to get new customers, I'm sure he must have had professional experience in this area that qualifies him to make that point. 🙂 In your point 1 you mention: 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver. I understand the point you are making but I was referring to when the keeper is also the driver and admits it later and only in this circumstance, but I understand what you are saying. I take on board the issues you raise in point 2. Is it possible that a PPC (claimant) could refer back to the case above as proof that the motorist should have appealed, like they refer back to other cases? Thanks once again for the feedback.
    • Well barristers would say that in the hope that motorists would go to them for advice -obviously paid advice.  The problem with appealing is at least twofold. 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver.  And in a lot of cases the last thing the keeper wants when they are also the driver is that the parking company knows that. It makes it so much easier for them as the majority  of Judges do not accept that the keeper and the driver are the same person for obvious reasons. Often they are not the same person especially when it is a family car where the husband, wife and children are all insured to drive the same car. On top of that  just about every person who has a valid insurance policy is able to drive another person's vehicle. So there are many possibilities and it should be up to the parking company to prove it to some extent.  Most parking company's do not accept appeals under virtually any circumstances. But insist that you carry on and appeal to their so called impartial jury who are often anything but impartial. By turning down that second appeal, many motorists pay up because they don't know enough about PoFA to argue with those decisions which brings us to the second problem. 2] the major parking companies are mostly unscrupulous, lying cheating scrotes. So when you appeal and your reasons look as if they would have merit in Court, they then go about  concocting a Witness Statement to debunk that challenge. We feel that by leaving what we think are the strongest arguments to our Member's Witness Statements, it leaves insufficient time to be thwarted with their lies etc. And when the motorists defence is good enough to win, it should win regardless of when it is first produced.   
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HSBC Mortgage PPI **** SUCCESS ****


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All,

 

After a successful battle with Barclays Partner Finance over charges and a PPI reclaim with Aqua that proved successful (thanks to the great people on here and MSE) I have gone through the little paperwork I still have, to see what else I could look at. I have placed claims with HFC on another thread for some retail loans on electrical goods but also found the policy number of my Mortgage PPI through HSBC

 

As a background I opened my old student account with Midland in 94 and did all my banking with them for years including all loans, my credit card and then mortgage when I got married in 2000. I do not have the detail for this policy, but rather for my single policy that was opened when I bought my house in 2003 after my divorce.

 

My mortgage was in my name only and the paperwork was made out with a "sign here, here and here" attitude in the bank.

 

Mortgage PPI was set up, which I just thought was the norm - exactly as had happed 3 years earlier. At the time I had 6 months full and 6 months half pay, working for a company I had been with for 3 years and are the biggest brand in the world (not much chance of losing my job). I had life and critical income cover and an income protection policy - all through HSBC Life.

 

If I'm honest, looking back I think it is far too much cover, but I have been told that it sounds about right from some people. After changing mortgage in 2006 I discovered that MPPI is not a necessary part of buying a mortgage, nor does it have to be with the organisation that sells the mortgage either if chosen.

 

The policy ran through till 2007 when I cancelled it (stupidly presumed that it would be cancelled at the time my mortgage with them ended) and I've not had MPPI now for 4 1/2 years and I've never had it questioned by my mortgage provider (changed again in 2008)

 

I suppose i'm asking if people think I have a valid argument for complaining to HSBC that the MPPI wasn't necesserily in my best interests based on the cover I already had with them?

 

Thanks

Edited by ims21
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Hi

 

I have formatted the post for you to make it easier to read.

 

Yes you can claim. I guess the premiums were a fixed amount eacc month?

 

Do you have the statements showing the amounts and the dates of payment.

 

Short answer is yes you can reclaim this.

 

ims

 

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Hi IMS, most appreciated (again!!) No idea, why it wont format when I post, even after I edit. Might be due to work internet? Anyway all I have was a letter than showed the policy account number and the payment owed when I cancelled the DD in December 2007. I had no paperwork for the policy, couldn't get any sense out of anyone at HSBC Life, so cancelled the DD with a view to getting a reponse. It showed the premium that was outstanding - £29.72, so I'm guessing that the monthly payment wont be too different to that figure each month previosuly from 2003. The premium was obviously paid each month.

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I was thinking the same. Based on a figure between £25-£30 per month then i'm pretty sure I paid over £1k for this cover, that wasn't necessary in my opinion. I'd like any redress (if there is one) to be acurate. Based on the sums and time frame then there should be a hefty chunk of interest to go on top of that too. Do you think my claim is a valid one and my opinion of a miss-sell is correct? I was already covered, no option to go somewhere else for cover if required, paperwork drawn up at same time and told to sign (i'm aware this is very hard to prove) hence the fact I had so many other insurances through HSBC at the same time is what I would rather focus on

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Well it looks like I haven't needed to SAR them. I'd actually posted the FOS form in Nov to them, and was expecting a wait. Thought i'd get some info from the SAR in anticipation for an intial rejection, as seems to be the case with MPPI.

 

However a letter arrived yesterday with an offer that was almost double what I was expecting with 8% stat on top. This would be a massive help in paying off a loan and paying off an overdraft. Would put me around £200 a month better off, which is perfect timing as I am about to move back into my home (after 2 years in different parts of the UK and my house rented out). I don't have a breakdown of payment unfortunately but it looks like it covers payment back to 2000 on the old MPPI I had with my ex wife. I've just run my almost £30 payment back to 2003 then the same back to Feb 2000 (but at half the rate) and its near as damn it to what they have offered. Shame the tax man gets £500 but can't complain too much!

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Hi IMS

 

Yes i've put into a spreadsheet going back to 2000 when i bought my first house. For the first bit i've guessed at around £13 (half of what I expect the premium would have been) and then put in the £29 from June 2003 through till Nov 2007. It seems to work out pretty much what they have offered and the interest works out about right too. I only paid MPPI with HSBC in that time, so don't see how it could be wrong. Maybe a couple of £'s wrong at the most. Very happy indeed, and all for the cost of 5min to fill in and a stamp. At least i'm vindicated in the belief HSBC tried to sell me so many thing I didn't need, and being young(er) at the time, bought it!

 

Good luck to anyone in a similar position. Lets hope HFC are as generous, as i have exactly the same reasons in place - Income protection policy with HSBC covered me :-)

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Thanks IMS, although I feel guilty about a well done, when I didn't really do anything, lol. As soon as money is banked (they took bank details so wont get cheque thank god!) i'll let you know. For the first time in a few years i will have some breathing space each month. Can't wait!!!!

 

 

Cheers :-)

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  • 2 weeks later...

All,Money landed in account today. 2 weeks after they received my acceptance. I did check my account at 9:30 this morning and it wasn't there, however after spending 30min on the phone (The 2 tel numbers on the letter didn't work!) and eventually speaking to someone in the relevant department, he told me that my payment had been made on the 3rd and had I checked my account. Low and behold the money was there now! Very pleased. Loads of bills paid this afternoon

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  • 4 months later...

Hi joncow75

 

I am in the process of trying to claim PPI from HSBC and noticed that you have had success from a very similar start date. Would you be willing to share the process you went through / letters you sent? Was your policy charged to your account as HSBC life? The basic scenario in my case is that I was sold this as compulsory in order to get my mortgage and the cover provided was offered through my employer!

 

Thank you for any help or advice you can give

 

Naith

 

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