redress after admitting they should never have sold me PPI

[mikedesign]

I have been told by every single company/bank i had protection with

that due to being self employed it would never have benefitted me

.I have all the offer letters sat here 7 of them

 

Heres the rub and I suppose I'm seeing it only from my POV but

 

I was sold this on advice ,

I mentioned I was starting a buisness and told that it would cover me if the company ran into trouble ,peace of mind etc ,

 

 

when it did run into trouble and I tried to claim this led to me being in the finacial mess ,

 

 

I lost my house ,Car the lot because none of these policies were valid,

no money no payment no roof essentially was the chain of events despite being told i was protected

 

So the culmination of events cost was far more than the paltry 1000 quid here or there I'm being offered,

 

 

could I now claim damages after all the insurance would not have covered me and i had done all i could to protect myself leading up to this?

 

The wording on the letters states I accept this as full and final redress for the PPI

and in signing i can take no further action (Natwest in particular)in relation to this,

 

 

surely this cannot be correct they have admitted they were wrong and now owe me the money i shouldn't have paid in the first place?

 

In reality (or maybe im daydreaming here)

the redress would be to put me back in the financial position I was in ,

where if i had been financially covered i would still be living in a house

and had time to find a new position without being placed in such an untenable position it was literally hell on earth trying to get out of.

 

the irony of it was the letter i received stating after 1 months missed payments that my insurance was now null and void .

..you couldn't make it up plus there was literally hundreds in charges both bank and credit card for missed and late payments

 

 

eventually I just dissapeared I had no address for them to send threatening letters or abode

 

 

it took years to get back on my feet before the letters started appearing, too late BARRED BY STATUTE WAS THE REPLY

 

Any ideas or advice would be greatfully received or am i just after an unlikely revenge, should i just let sleeping dogs lie

[dx100uk]

I would think if you could prove this you'd have a strong case.

 

 

have you all the documentation from the various sales?

 

 

dx

[mikedesign]

Hi Dx

 

i have the documentation and a witness from when is et up the PPI with natwest

as we had actually been into the bank to try and get a buisness bank account for the LTD company,

 

the buisness manager was selling mortgage cover ill health the whole raft was thrust upon me

and my matey who got away by the skin of his teeth because he banked elsewhere

 

I also have a letter from UK insurance limited stating, well telling me to get lost in not so many words

that does state i would never have been eligible to take out the insurance

and i should stop bothering them and take it up with nat west as they sold me the policy,

this dates back to 2003

 

I must add however i so hope there is a case and it opens the floodgates for others,

those people made my life hell after wards with their debt cashing

and if they have done this to me how many others has this happened to ?