Only months left for some to make a PPI claim

Only months left

Consumers are being warned that for some of them there are only a few months left in which to make a claim for mis-sold PPI before they lose the right forever.

With millions of pounds a month still being paid out by the UK banking industry recent attention has been focused on the blanket PPI claims deadline proposed for the summer of 2019 with a £42 million awareness campaign being launched next year.Read More


SUCCESS STORY – I can’t thank you enough

PPI success story

It’s not always the big sums of money we recover that make our clients happy.  For some £1,400 is a god-send.

Denise Humphries saw the Gladstone Brookes TV advert and, though she wasn’t sure, she thought she may have been mis-sold PPI in the past and called in to ask for help.Read More


SUCCESS STORY – Free PPI check leads to reclaim of £20,371.30

 

Free PPI check successMark Osmond is delighted with the result of his Free PPI check after picking up a total of £20,371.30 for mis-sold PPI on an Egg loan and a Barclaycard.

Says Mark: “It was a great result because this is money I would never have been able to get back myself.”Read More


Money Memories Round 4 – The Results

Money Memories

We recently ran our 4th Money Memories competition, where we asked Gladstone Brookes customers to tell us what they did with their reclaimed PPI money. Over 1,000 of you entered with stories ranging from family holidays and dream weddings to new cars and home improvements. In our latest infographic, we take a look at the most common ways you spent your money, as well as highlighting some of your best stories.

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RBS adds another £450 million for PPI

RBS adds anothr £450 million for PPI

Royal Bank Of Scotland (RBS) has become the second major bank to make a multi-million pound increase in its PPI provision, adding £450 million to the pot just days after Barclays added £400 million to theirs.

The announcement came as the bank revealed a £2 billion loss on the first six months of 2016, which chief executive Ross McEwan attributed to ‘legacy issues’.Read More


SUCCESS STORY – Free PPI check nets £20,781.59

PPI success story

When David Shead saw a free PPI check advertised on Facebook he had no idea whether or not he had ever been mis-sold, but he decided to have a go and find out.

“I hadn’t got a clue if I had it or not,” he said.Read More


SUCCESS STORY – Free PPI check nets over £24,000

PPI success story

A Free PPI check advert on Facebook finally prompted John Eddie to see if he had been sold the insurance on any of the many agreements he had taken out in the past.

“I’ve had quite a few things over the years and I thought I could possibly have been mis-sold, but I wasn’t sure,” he said.Read More


Delay in PPI deadline could cost banks another £1 billion

Another £1 billion for PPI?

Experts are predicting a 12 month delay in the start of the PPI claims deadline could cost the UK banking industry another £1 billion.

Journalists and financial experts are speculating that the delay could further increase the already staggering amount of £34.13 billion set aside to pay for successful claims for mis-sold PPI policies.Read More


Barclays set aside another £400 million for PPI

Barclays add £400 million for PPI

Barclays Bank has set aside another £400 million to pay future successful PPI cases, taking its overall provision to £7.8 billion.

In common with many other banks, Barclays had said it believed the PPI scandal was finally coming to an end with claims numbers dwindling, but the claims are still rolling in.Read More


SUCCESS STORY – Mission of mercy

SUCCESS STORY = Mission of mercy

A successful claim for mis-sold PPI against Natwest helped Michael Mollan to go on a mission of mercy to the other side of the world.

Said Michael: “The windfall helped me to buy a ticket from  Heathrow to Perth, Western Australia on a mercy mission to support my brother whose wife of 50 years was very ill with cancer in a hospice.Read More