Mis-sold Mortgage Claims
Do You Think You Have Been Mis-sold A Mortgage?
Linking your mortgage up with your pension plan seems very risky business and in the majority of cases, it can be. Unfortunately, with the provision of unsuitable financial advice, a large volume of people living in the UK through the 1980s and 1990s were advised to link them up by taking out a pension mortgage.
Tempted by the very affordable, interest – only repayments, it sounded like an attractive product but with many things in life that sound too good to be true, these interest-only mortgages did indeed turn out to be too good to be true for a lot of people. The long term costs were high, with many individuals reaching retirement and finding their pension pot was far less than expected. This in effect was going to hit them hard at a time when they needed their pension most.
If you were advised to take out, for example, a Pension Mortgage but were not fully informed of the risks, alternative products on offer or if your adviser failed to warn you of what would happen if performance was poor, you may have been mis-sold a mortgage.
If any of the above is familiar to your circumstances, we at Complaints SOS are here to help put things right as best we can by helping you through the claim compensation process. Contact us at your earliest convenience to speak to a member of our team and find out how we can try our best to help.
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