FSCS - Compensation Rejection PPI

[Bee Gee]

Hi All

I have just joined the Legal Beagles forum and its good to be on board !!!

Don't know if anyone can assist with this one - Was pursuing mis-selling of PPI against Halifax. Halifax rejected claim saying that they did not actually sell the policy, but an IFA did, IFA is no longer trading (although no doubt both benefited !!) and need to contact FSCS which I did.

FSCS contacted me 14 days later in June 13 stating that because the policy began in May 2003 it was before the Jan 2005 regulation date therefore they couldn't help!! Any ideas welcome - is it worth writing to FOS?? It was a 7 year term loan - the premium over the term was over £8000!!

Any help greatly appreciated..

Thanks
Bee Gee

[di30]

Re: FSCS - Compensation Rejection PPI

Hi and welcome

Yes you can try another avenue, its an avenue the Financial ombudsman service (FOS) always suggest due to similar reasons as your's.

Try to find out who the underwriter/insurer were of the policy, if you do not have details of these, then Halifax will provide these details to you on request. Its very likely the underwriter were regulated, where the FOS do tend to take these cases on if they (the underwriter/insurer) also rejects your complaint.
However, it's about wording it right when you write a letter of complaint to the underwriter, for this complaint to them I would not use a PPI reclaim complaint questionnaire but letter only.

Please feel free to email me if you wish to take a look at my letter send and succeeded against the underwriter.

I am currently back and forth online, so if I don't get back straight away, don't worry, I wont take long to get back to you.

Cheers.

[Theoldbag]

Re: FSCS - Compensation Rejection PPI

Dont want to sound nosey but what product (mtg/cc/loan etc) was the ppi sold with? Mt mtg ppi and credit card were both taken out with hbos around about the same time. I havent claimed back ppi on them as they saved my bacon a few years ago, both paid out for 12m when I underwent a brain opI have all the paperwork if you want me to check who the underwriter wasLet me know ...

[Theoldbag]

Re: FSCS - Compensation Rejection PPI

Just re read - its a loan. Duh Give me a shout if you want me to check

[Bee Gee]

Re: FSCS - Compensation Rejection PPI

Hi Di

Thanks for that - will contact Halifax to find out who the underwriter/insurers where - wouldn't mind seeing a draft of your "underwriter letter" that would be a big help.

Appreciate your help - will come back once find out who they were..

Thanks again for taking the trouble to respond

Cheers

Bee Gee

[Bee Gee]

Re: FSCS - Compensation Rejection PPI

Much appreciated - if you have it to hand wouldn't mind finding out.

All the best and thanks again !!

Regards

Bee Gee

[di30]

Re: FSCS - Compensation Rejection PPI

Will dig this out for you now and send you a PM.

[di30]

Re: FSCS - Compensation Rejection PPI

Hi again
Just sent you a PM and here's the details for the Chief Executive Officer (CEO) of Halifax, as you may get a quicker response from them this way.

davidnicholson@halifax.co.uk

[Bee Gee]

Re: FSCS - Compensation Rejection PPI

Di

Really appreciate your help on this - thanks again

Bee Gee