PPI on Mortgages

PPI on mortgages

Mortgage companies have been selling Mortgage Payment Protection Insurance (MPPI) with their Mortgages for many years.

The policies were designed to provide protection for the mortgage holder if they could not make their monthly payment due to an accident, sickness or unemployment. PPI on mortgage premiums is  based upon the amount that you borrow when you first take out your new mortgage.

The cost of PPI on mortgages can become very expensive and it was found that in up to 85% of cases, due to flawed sales processes, cover was not always suitable for the mortgage holder’s personal situation. Many reasons have been highlighted to show that they never actually fitted the needs of customers and the result being thousands of declined claims due to un-eligibility that should have been exposed at the point of sale.

Mis-sold PPI on mortgages

Could you have PPI on your mortgage? It’s worth checking, because if so, it may have been mis-sold to you. In particular, many people with a second charge mortgage, also known as a “second mortgage” or “homeowner loan”, have been mis-sold a payment protection insurance policy they never needed.

Homemini1You could have been mis-sold MPPI for a number of reasons below are the just a few:

MPPI was added to your mortgage without your consent.

You felt PRESSURED into agreeing to buy PPI and were not told about the total costs.

You applied for a loan online where the box for PPI was automatically ticked.

You are a civil servant, work for the NHS or in the armed forces.

You already had mortgage cover in place.

For more reasons please refer to our do I qualify page.

  • Claim back as far 30 years (not the standard 6 years)
  • Free PPI Check Up
  • We can tell you if you were Mis-sold
  • Dedicated account manager
  • Experts in rejected or refused PPI claims
  • No paperwork is necessary
  • Fast and effective
  • Excellent track record
  • We can fast track your claim
  • We maximise your payout with other lender searches for free.
  • EXPATS can claim with us – contact us wherever you are in the world.


Reclaiming PPI on mortgages is not just a matter of getting back a refund of your premiums paid, but you can also claim compensation for the interest for the whole period charged at the statutory interest rate of 8%.

If you think you have been mis-sold MPPI it is time to act. At Claimspower we provide a No Win No Fee Guarantee we charge 18% for successful claims for all Mortgage PPI reclaims, which provides you with the peace of mind in knowing that you can find out if you have any eligible claims without risk. Once your claim has been validated, the process to finalising a successful PPI compensation claim usually only takes a matter of weeks.

If you think you qualify for PPI on mortgages please let us help you get your back. Please complete the form or call us one of our specialists today.

File your claim now using our safe secure and easy claim form