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Hi, I'm new to the forum and would appreciate any advice.
Back in1996 my son & his then fiancee applied for a mortgage with Halifax. They were told that they would stand a better chance of being approved for it, if they took out MPPI, and so did so, without having any of it explained.
They got mortgage, bought a house but split up 3 years later. My son then put mortgage into his sole name at this time. He later sold the house in 2007 and in the interim had made two claims for redundancy on the MPPI.
In 2013 I read an article which implied that his was a situation where it might be a case of mis-selling, even though he had made two claims. So he made a claim to Halifax and they responded with a gobbledygook response, which he replied to and this continued until they eventually said that if he wished to continue, he should pursue it with Financial Ombudsman. So he gave up!
Fast forward to May this year. A Remittance Advice from Halifax with a cheque attached arrived but no explanation, just referring to his MPPI claim. It referred to an earlier letter but he hadn't received this, so wrote to ask for a copy and when it arrived, it stated that they had reconsidered his claim, and the resulting cheque was sent to him.
However the payment had been divided between him and his ex-fiancee (who by the way did not want any settlement on their split).
Question is, although the mortgage was originally in joint names, the MPPI Certificate of Insurance was always in his sole name and both the mortgage and MPPI were paid from his own bank account. After pointing this out to Halifax, they have now re-worked the Claim to cover the period when they were together, and after their split which after his redundancy claims, now results with a nil payment!
Are we right in thinking that as the MPPI was in his sole name from the very beginning, he does have the right to the whole claim offer previously made, - about £400 with tax paid?
After all the claim is about the MPPI and not the mortgage.
Any advice would be gratefully received!
Regards
Back in1996 my son & his then fiancee applied for a mortgage with Halifax. They were told that they would stand a better chance of being approved for it, if they took out MPPI, and so did so, without having any of it explained.
They got mortgage, bought a house but split up 3 years later. My son then put mortgage into his sole name at this time. He later sold the house in 2007 and in the interim had made two claims for redundancy on the MPPI.
In 2013 I read an article which implied that his was a situation where it might be a case of mis-selling, even though he had made two claims. So he made a claim to Halifax and they responded with a gobbledygook response, which he replied to and this continued until they eventually said that if he wished to continue, he should pursue it with Financial Ombudsman. So he gave up!
Fast forward to May this year. A Remittance Advice from Halifax with a cheque attached arrived but no explanation, just referring to his MPPI claim. It referred to an earlier letter but he hadn't received this, so wrote to ask for a copy and when it arrived, it stated that they had reconsidered his claim, and the resulting cheque was sent to him.
However the payment had been divided between him and his ex-fiancee (who by the way did not want any settlement on their split).
Question is, although the mortgage was originally in joint names, the MPPI Certificate of Insurance was always in his sole name and both the mortgage and MPPI were paid from his own bank account. After pointing this out to Halifax, they have now re-worked the Claim to cover the period when they were together, and after their split which after his redundancy claims, now results with a nil payment!
Are we right in thinking that as the MPPI was in his sole name from the very beginning, he does have the right to the whole claim offer previously made, - about £400 with tax paid?
After all the claim is about the MPPI and not the mortgage.
Any advice would be gratefully received!
Regards
