FREE PPI** Check
Have you ever:
- Borrowed money from any UK Bank?
- Bought a car on finance?
- Had a credit card?
- Had an overdraft
If yes to any of the above, find out what you could be owed:START YOUR FREE** CHECK
|Lender breakdown of PPI redress recovered by Brunel Franklin (to March 2017)†|
|Halifax/Bank of Scotland||£39,946,387|
|Marks and Spencer||£3,178,505|
Barclays has added a further £700 million to its PPI compensation pot after experiencing a 32% increase in claims over the last six months following the announcement of the August 2019 deadline date. Since the announcement in March 2017 the bank has already received and processed a staggering 2 million claims^.
To date, Brunel Franklin have recovered over £43m† in redress for our customers from Barclays, and with the following recent wins and, plenty more in the pipeline, this figure continues to increase.
Kathleen from County Durham took out an overdraft with Barclays back in November 1984. Unbeknown to her she was mis-sold a PPI policy which she continued to pay premiums on until January 2009!
Brunel Franklin looked into this policy for her and was delighted to inform her on 1st August 2017 that Barclays had admitted a mis sale and agreed to refund a staggering £21,348.76†. Interestingly, the total amount of premiums she had paid over the years totalled only £1,777.60. The balance of the refund was made up of interest on the premiums paid and statutory compensation interest at the rate of 8%
Sally from essex refunded "nearly £10,000"
Sally from Essex first contacted us in May 2017 about a potential mis sale on her Barclaycard which was taken out 27 years ago!
Less than 12 weeks later Barclays wrote to us to acknowledge a mis sale of PPI offering a refund of almost £10,000 (before fees & taxes)!
Sally was understandably delighted, particularly as she had used other claims companies previously without much joy. She wrote to say thanks…
“I’ve had other companies look for PPI in the past but it was always so much hassle. Brunel Franklin did all the searches with just a name and address and an idea of companies I had used. Great result and very quickly too less than 12 weeks and almost £10,000† back. Wow ! It was an unexpected bonus I never dreamed would happen. Thank you for pursuing this for me, I would not have done this alone. Great result all round !”
Millions have been mis-sold PPI
Millions of people were mis-sold PPI because their employment status didn’t fit the criteria, for example they were self-employed, unemployed or retired, or because they had a medical condition that might have precluded them from ever claiming on the policy (See Caroline's story). Additionally, many were sold PPI cover without knowing they had bought it as it was added onto their repayments without their knowledge and others were even told they wouldn’t be approved for credit without it. If you’re not sure whether you were mis-sold it, time is running out for you to find out.
Is there a time limit?
It is proposed that all PPI claims need to be made by the end of August 2019. Additionally, to stand the best chance of being successful, you’re best to file a claim within the first six years after a policy has ended as lenders have to keep your paperwork on file for that length of time. That’s not to say, however, that a claim for an older policy won’t be successful. Brunel Franklin have claimed refunds dating back to the late 1970’s.
Do I need any paperwork?
Not necessarily. Whilst it’s obviously preferable to have a copy of your original loan agreement and terms, it’s not absolutely vital. Brunel Franklin, have the ability to start the claims process without any need for an account number or paperwork – in fact, all we need is your name, address and DOB to get the ball rolling.
START YOUR FREE** PPI Check
Find out what you could be owed:START YOUR FREE CHECK
** When informing you we have located your PPI, we will send further paperwork to complete in order to start the claims process. We will proceed with your claim on receipt of this paperwork or when you confirm on the telephone that you wish Brunel Franklin to proceed with your claim. If the claim is successful our fees are 20% +VAT (total charge 24% incl. VAT) payable on receipt of your settlement per our terms of engagement. An interim fee cap will be introduced from 10 July 2018 (Financial Guidance and Claims Act 2018). As a result, our fees on new client engagement will reduce from this date. Alternatively, you can complete the claim yourself.
*** There will be no cancellation fees payable if you cancel prior to the completion of the PPI check, and no obligation to continue with the claim should you cancel before the claim commences.