HSBC Mortgage PPI Claim

[dx100uk]

critical life will be life isurance, however i'd treat it as PPI and lump the MPP & CIC together as one claim.

 

it is unusual for CL to be there without life insurance

sure they didn't fleece you on that too?

 

the ONLY thing you must have with a mortgage is buildings insurance

 

and if you had that elsewhere, and they have charged for that too, then hit 'em too.

 

dx

[dx100uk]

right ths is more complex than it first looks

 

PPI was thus rolled over into the mortgage

so MORE INT

 

i think you need IMS21 to do one of his master rollover spreadsheets.

 

your inline for £1000's!!!

 

 

dx

[dx100uk]

one of simple facts about PPI is -

 

if 'whatever' that had PPI associated with it

is settled early...by 'whatever' method,

that PPI should be rebated in cash, and NOT carried over into 'whatever' settled 'whatever' that had the PPI.

 

dx

[dx100uk]

i'll reply later

 

dx

[dx100uk]

you'll need to do this

workout the % of your PPI PCM on the first mortgage

 

total cash price ppi / total cash price of mortgage * 100 = xx%

 

then workout what xx% is your monthly payment on that mortgage was

 

then enter that figure FOR EVERY MONTH YOU ACTUALLY PAID the mortgage.

 

also take the settlemnt figure and workout what xx% is of that.

 

that will tell you WHAT PPI as carried over .

 

next step when you are ready.

 

dx

[dx100uk]

pers i wouldn't worry too much about justifying your reclaim.

 

you were told you had to have it to get the mortgage - end of.

 

go get 'em and lump in that useless CI & IP.

 

dx

[dx100uk]

the only thing that is typically compulsory on a mortgage is building insurance

 

the rest your were spoofed into taking

and

that adviser made a healthy hidden commission out of you too for each one.

 

you were told you had to have them.

 

end of. only reason you need.

 

dx

[dx100uk]

please dont send anything off till we get those spreadsheets done and checked

 

dx

[dx100uk]

i'd lump 1+2 together as one claim [sOC]

using one figure for ALL the stuff charged for monthly and call it protection or something

 

detail those in your FOS CQ or the covering letter if you wish

 

dx

[dx100uk]

well as long as they are all covered then sorry

i forgot you'd already submited a claim

 

dx

[dx100uk]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

or

convert existing PC files to PDF [office has an installable print to PDF option]

.

'

BUT......

ENSURE: remove all pers info inc barcodes etc using paint program

but leave all figures and dates.

.

goto one of the many free online pdf converter websites

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

.

dx

[dx100uk]

as in the guide

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

.

dx

[dx100uk]

they should have advised that it as only necessary to have building insurance

 

and that the 'others' have alterntives outside of HSBC and were not compulsory.

 

dx

[dx100uk]

no bother.

 

i bet the letter of rejection waffles on about 'hw' the process had in built checks etc to ensure it was correct for you.

 

the bottom line is:

 

he can specuate WHAT HE LIKES. he WAS NOT THERE, you were alone in the room with the advisor.

 

dx

[dx100uk]

but they are skirting the real issue aren't they i bet.

 

you in a closed room, with no-one else present were told you HAD to have all these extras.

 

he can speculate what he likes

 

HE WAS NOT THERE!

 

dx

[dx100uk]

then reject the offer and ask them these questions in a letter.

 

dx

[dx100uk]

as it was THEIR rep that made this 'mistake'

 

pers i don't think they have a leg to stand on.

 

dx

[dx100uk]

i'd go ahead

 

expand on this alone

 

I can easily prove that I was working for Westaff on a 6 month contract but am now concerned that because the guy ticked my employment status as EMPLOYED by Westaff

that they might be able to wriggle out of this on a technicality.

 

dx