We would like to get you the compensation you deserve.
There are a number of reasons why this can happen some of which are listed below:
- The lender applying a higher rate of interest than that specified in the agreement.
- The lender failing to apply an agreed concessionary interest rate.
- The lender charging unwarranted arrears charges when the account is not actually in arrears.
- The lender accounting for interest on arrears twice.
- Interest may have been charged from a date that is different to that which is specified in the agreement.
- Unwarranted charges, fees or other items such as third party fees and insurances can sometimes be added to the account without justification.
Many of the above errors are compounded if repayments fall into arrears.
Claim your mis-calculated mortgage. Frequently asked questions
Who are Claim Your Mis-Calculated Mortgage?
Claim Your Mis-Calculated Mortgage work with a team of legal experts, who are dealing with thousands of claims like yours. Your claim will be assessed by one of our experts and if you qualify, you will then be passed to a panel of solicitors who will dedicate someone to your claim, so you always have someone to call.
What do I need to do?
Simply fill in the 3 step application and we will take it from there!
You will be required to provide instructions throughout the life of the claim and co-operate with your solicitor at all times.
Only a very small number of cases proceed all the way to court and if this happens, your solicitor will be there every step of the way to guide you through.
Will claiming affect my mortgage?
Your claim will not affect your credit rating and therefore will not show on any referencing a mortgage provider would undertake. In addition your current lender must treat you fairly and the fact that you are making a claim is not reasonable grounds for them altering your current mortgage to less favourable terms.
What do I have to pay?
Up front, nothing.
We will complete the initial enquiries into your claim on a complete no obligation basis. Once we have established whether you have a valid claim, you will then be signed to a No Win No Fee agreement, which means that provided you co-operate and provide honest instructions all costs will be covered by the ATE policy in the event your case is not successful.
In the event your claim is successful your solicitor will deduct up to 25% + VAT from compensation awarded to cover their legal fees, also a deduction will be made if you are required to take out an After The Event insurance policy and/or enter into a funding agreement to cover your legal expenses.
I don’t have my mortgage paperwork, does this matter?
No problem, we will obtain this for you!
All we need to progress your claim is the name of the mortgage provider and when it was taken out. We have a few simple questions about the type of mortgage you have and we will then be able to obtain the rest from your mortgage provider.
What if I no longer own the property I mortgaged?
If you have been forced to sell your home or downsize due to being unable to afford it, there is a strong likelihood that your mortgage was mis-calculated.
What if I own it with someone I no longer live with?
Both parties to a mortgage have an equal right to make a claim. We try to make the process as simple as possible for all involved and understand that some people don’t want to be involved day to day. Therefore whilst we will however need a signature at the outset from both owners, one can take the lead in providing instructions and dealing with the claim from there on in.
Who pays the compensation?
Your claim could be against your mortgage provider or your broker, depending on how you obtained your mortgage and what advice you received. If the company or adviser who sold you the mortgage isn't trading anymore; it may still be possible to make a claim against the Financial Services Compensation Scheme (FSCS).