{"id":92987,"date":"2018-07-03T01:47:26","date_gmt":"2018-07-02T18:47:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-could-face-new-multibillion-pound-claims-after-ppi-ruling\/"},"modified":"2018-07-03T02:03:23","modified_gmt":"2018-07-02T19:03:23","slug":"uk-banks-could-face-new-multibillion-pound-claims-after-ppi-ruling","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-could-face-new-multibillion-pound-claims-after-ppi-ruling\/","title":{"rendered":"UK banks could face new multibillion-pound claims after PPI ruling"},"content":{"rendered":"


\nCourt ruling over mis-selling may allow cases that have been rejected to be reconsideredBritain\u2019s banks face the threat of a huge new PPI bill that could add billions of pounds to the \u00a330bn already paid out in compensation, following a court ruling lauded by claims management companies as \u201chugely significant\u201d.The case opens the door to a renewed claims bonanza as it suggests that even if the PPI policy was not mis-sold, the buyer may still be able to reclaim because the scale of the commissions paid were excessively high. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK banks could face new multibillion-pound claims after PPI ruling<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Court ruling over mis-selling may allow cases that have been rejected to be reconsideredBritain\u2019s banks...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92987","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-obN","jetpack-related-posts":[{"id":3107,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-face-bigger-ppi-mis-selling-bill-as-regulator-considers-compensation-rules\/","url_meta":{"origin":92987,"position":0},"title":"Banks face bigger PPI mis-selling bill as regulator considers compensation rules","date":"May 27, 2015","format":false,"excerpt":"\r Financial Conduct Authority statement means more customers could be eligible for payout because of supreme court ruling on commissions Banks could face a bigger bill for mis-selling payment protection insurance after the City regulator said it was considering new rules on how customers should be compensated.The Financial Conduct Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-braced-for-further-ppi-claims-as-city-watchdog-looks-to-widen-scope\/","url_meta":{"origin":92987,"position":1},"title":"Banks braced for further PPI claims as City watchdog looks to widen scope","date":"July 4, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Banks braced for further PPI claims as City watchdog looks to widen scope","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-for-ppi-mis-selling-scandal-tops-40bn\/","url_meta":{"origin":92987,"position":2},"title":"Bill for PPI mis-selling scandal tops \u00a340bn","date":"October 27, 2016","format":false,"excerpt":"\r Move by Barclays to set aside extra \u00a3600m further inflates already huge cost of UK mis-selling scandal to banking sectorBanks and financial services companies have racked up more than \u00a340bn in costs to handle the payment protection insurance scandal.The costliest mis-selling bill in UK financial services history became even\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-reclaim-mis-sold-ppi-for-free\/","url_meta":{"origin":92987,"position":3},"title":"How to reclaim mis-sold PPI for free","date":"August 25, 2017","format":false,"excerpt":"\r Getting compensation can be a quick and easy \u2013 and there is no need to use expensive claims handling companyReclaiming mis-sold PPI can be a quick and easy process. There is no need to use a claims handling company that will rake off 30% of any compensation you are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/just-one-in-five-complaints-about-potential-mis-sold-ppi-made-so-far\/","url_meta":{"origin":92987,"position":4},"title":"Just one in five complaints about potential mis-sold PPI made so far","date":"March 3, 2017","format":false,"excerpt":"\r UK\u2019s financial watchdog sets final deadline of August 2019 for filing claimsBritain\u2019s financial watchdog has admitted that only one in five potential complaints about mis-sold payment protection insurance had been made so far, as it set a final deadline of August 2019 for filing claims.The cut-off of 29 August\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/animatronic-arnie-pushes-ppi-complaints-to-four-year-high\/","url_meta":{"origin":92987,"position":5},"title":"Animatronic Arnie pushes PPI complaints to four-year high","date":"April 19, 2018","format":false,"excerpt":"\r A 40% rise reported on back of advert featuring model head of Arnold Schwarzenegger An advertising campaign featuring an animatronic head of Arnold Schwarzenegger urging people to \u201cmake a decision, do it now!\u201d has helped push complaints about payment protection insurance (PPI) to a four-year high.The total amount of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92987"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=92987"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}