Property News · May 2, 2013

Interest-only customers warned against claims management companies


Mortgage industry braced as claims management firms raise prospect of mis-sold interest-only mortgagesHomeowners who have interest-only mortgages are being warned to steer clear of companies offering to help them make claims for mis-selling against their lender or broker.Claims management companies, many of which have previously concentrated their efforts on the PPI mis-selling scandal, have been ramping up their actitivities in the mortgage market. One, Money Boomerang, has launched a TV advertising campaign aimed at borrowers who were sold their loans through a mortgage broker. Continue reading…

Source : theguardian.com
Read more…Interest-only customers warned against claims management companies

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