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Welcome....Insurance Premiums Advanced???


milkybarkid999
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Hi

 

Reviewing my Welcome statement and have found an entry for Insurance Premiums Advanced and Disbursal of Fees totalling £400.

 

Is the Insurance Premiums Advanced the PPI insurance which I can claim back (have they renamed it to try and throw me off the scent) and also Disbursal of Fees, does any now what this is and if it is claimable?

 

Many thanks in advance

 

MBK

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  • 1 month later...

hi milkybarkid - I have the same queries. I've been told by a mortgage broker that the 'insurance premiums advanced' is definitely a PPI, a single premium one. Added to the loan and you end up paying interest on the whole lot. Very profitable for the lender, not so for you. As for 'disbursal of fees' I'm still trying to establish what the heck THEY are! Bump anyone?!

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