7
Jan/100
Jan/100
Were you mis-sold your mortgage?
As many as 371,000 home owners say they were given bad advice or mis-sold their mortgage – and many may have a claim against their lender or broker.
Under FSA rules if the advice given breached the rulebook for mortgage advisers – “Mortgage and Home Finance: Conduct of Business” then borrowers struggling to pay their mortgage could take their case to the Financial Ombudsman Service (FOS).
According to mortgage claims referral service badlender.co.uk, 161,500 home owners don’t think they had the right advice from their lender or broker when taking out their mortgage, and 209,500 home owners think that they may have been mis-sold their mortgage.
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