Online response to last week’s Alan Lakey column on claim management companies
I agree completely, it is scandalous. These chasers are starting to claim against brokers who have sold their clients monthly PPI to protect their mortgage.
I had a claim against me for a single- premium PPI which I had never sold. I was so furious that I knocked on the claimant’s door. They confirmed that they had never heard of me or my firm and confirmed that they had informed the chaser of the person who had sold it. It turns out it was only a £12-a-month PPI and not a single premium anyway. I recently had another enquiry but with a difference. This time, they gave the client’s mortgage product details which was a GMAC 0.95 per cent BTL term tracker and asked me to confirm if I had sold any single-premium PPI or charged any admin/default fees when arranging the mortgage.
I had not, but the point is that they do not even know if anything was sold. This has got to stop. Evidence of misselling single-premium PPI is one thing but false accusations and requests for information to try and find a potential claim victim is another.