Originally posted by Never-In-Doubt
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So, it was a company called Capital Mortgage Connections who sold us the policy. They no longer exist. I wish I had all the paperwork relating to the mortgage, maybe I'd have more to go on. They came to arrange a mortgage for us but then sold us a policy we didn't actually ask for. Would that be normal practice or would the broker be selling these products on someone's behalf? Would they be tied to financial institutions or as an independent broker would that not apply? I remember the broker having commission that was added to the loan, but I don't know if that was from the mortgage lender or what, as I said wish I had the paperwork. I guess I am onto plums here!
Do I have any path for recourse here? Stuck with £4000 on my mortgage for a policy that has now expired and is useless and that I couldn't have cancelled after the first 30 days even if I'd wanted! It's bloody robbery! :-(
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