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Has your Mortgage or Secured Loan been Mis-sold?

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Our senior partners are qualified Barristers;

Our senior partners are honourable members of Gray’s Inn and Lincoln’s Inn.

Our Legal Team specialises in Law relating to Mortgages and Secured Loans.

 

Mortgage Mis-selling;

Channel 4 20 May 2008, The principal Financial Ombudsman Tony Boorman told the program that "Certainly we see cases of mis-selling where we frankly find it extremely difficult to believe that a responsible lender, a responsible intermediary, could have in all conscience advised the customer that this was a sensible product, a sensible size of loan for them to take out given what that lender, given what that broker knew about the customer's circumstances..."

Telegraph 9 January 2007, Mortgage lenders give bad advice: Lenders in Britain's booming mortgage market are guilty of "significant failings" when advising borrowers, the Financial Services Authority (FSA) has found, raising fears among consumer groups that a new mis-selling scandal could be about to rear its head. The regulator found two-thirds of the mortgage lenders it sampled did not have satisfactory processes in place when giving advice to borrowers. Clive Briault, managing director of retail markets at the FSA, said: "We found significant failings in the advice-giving processes in a number of mortgage firms. Poor processes increase the risk of unsuitable advice."