How far back can I claim mortgage compensation?

Do you believe you are owed mis-sold mortgage compensation but are unsure on the time limitations? Here at Mis-sold Mortgage Experts, we advise all our clients not to worry too much about time-barring. We believe that if you have experienced genuine financial misfortune as a result of a mis-sold mortgage, there should be no restrictions placed on obtaining the compensation you are owed.

In this blog, we are going to discuss the mortgage mis-selling process which includes outlining advisory limitations and explaining how they can be surpassed in order to receive the just compensation you deserve.

What is the deadline for mis-sold mortgage claims?

Currently, there are some guidelines in place that have been published by the Financial Ombudsman Service – the established regulators of financial mis-selling – which state that a complaint must be made within six years of being mis-sold or three years of becoming aware of the mortgage mis-selling. However, these guidelines are subject to change if the following occurs:

  • You, the claimant sent out a letter of complaint to your mortgage provider within the specified time limits
  • You have evidence of a response or acknowledgement of your grievance from the mortgage company

Although these are the general guidelines associated with making a claim, we have previous experience of helping clients claim back compensation for a mortgage they invested in over 15 years prior. In some instances, you can claim back from the first initial mortgage payment you made.

Claim your mis-sold mortgage compensation with Mis-sold Mortgage Experts

Here at Mis-sold Mortgage Experts, we treat all our cases individually, as we understand that you have all experienced different financial mishaps. Whether you were offered an interest-only mortgage, or your financial situation was not assessed, we can help you claim back every penny that is owed to you!

To find out if you are eligible for compensation, you can fill out our free assessment form. One of our professional mortgage solicitors will be in touch to discuss your mis-sold mortgage claim.

If you wish to find out more about our financial mis-selling service, you can call us on 0800 756 3986 or email us at info@missoldmortgagexpert.co.uk and we will deal with your enquiry as soon as possible.