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Q
I'm not sure about certain terminology?
ANo problem. Below are the most common words that people often don’t understand or get confused with:
Mortgage – A loan to finance the purchase of a property
Sub prime mortgage – A loan granted to a person or persons who have had their credit impaired, by way of missed payments, county court judgements or defaults.
County Court Judgement – an order granted by the court for non payment of a debt
Default – similar to a county court judgement
Missed payments – normally recorded on your credit file if payments are not made on time and in accordance with your original credit agreement
Mortgage Deed – A legal document signed and executed to effect the transfer of a property to show the legal right to posses it. -
Q
What is mortgage mis-selling?
AA mis-sold mortgage can be a variety of things. If you were advised to take an unsuitable or unaffordable product. Encouraged to inflate your income by a mortgage broker to ensure you got a loan. The solicitor has not acted with duty of care. These are just a very small sample to check if you have been mis-sold a mortgage please complete the online form or telephone 0800 612 4136
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Q
What fees do you charge?
AWe will assess your case free of charge. Once we have established you may have a case our solicitors will work on a no win no fee basis and will provide you with full details. There fee is typically 25% plus VAT
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Q
How far can you go back?
AWe can review any mortgage taken out after 31st October 2004.
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Q
How long does it take?
AThe initial process of collecting the documents from the various parties can take upto 3 months. Once we have all the paperwork we can advise if you have a claim within a week. The lenght of the claim process with depend on the complexity of the matter, but could easily be in excess of 12 months.
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Q
My house has been repossessed, can you help?
AYes we can audit the orginal mortgage of the property and the repossession process.
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Q
Am I guaranteed success?
ALets be realistic, nothing is guaranteed. We will act using our best skill and judgement to ensure where possible we obtain a successful outcome.