Revival are a specialist company that are helping homeowners reclaim thousands from their Mis-Sold Mortgage.

In 2008, the FSA (Financial Services Authority) announced that they were concerned about the growing problem of mortgage mis-selling and that they were launching an investigation. The FSA investigation has led to many firms and brokers being fined for failing to give suitable advice and for not explaining all the different mortgage deals and repayment types (repayment or interest only) that were available at the time of taking the mortgage out.

The FSA are taking this problem very seriously and following their principal of “treating customers fairly”, you also may have grounds for redress and you may be able to make a claim for compensation against the bank, building society or financial advisor/broker. Don’t worry if your broker or lender has since gone out of business – These claims are dealt with by the Financial Services Compensation Scheme (FSCS) – So you can still make a claim.

70% of Mortgage & Re-mortgage agreements have been mis-sold in the last 7 years, and thousands of people across the UK have been suffering without ever realising they have been mis-sold a mortgage.

If it is confirmed that you were Mis-Sold your mortgage you may be entitled to claim back thousands in compensation.

Complete the form to the right to see if you can make a claim for bad advice.

Here are some examples where we may be able to help you with a mis-sold mortgage claim

• Your mortgage will end past retirement age
• Your financial circumstances were incorrectly assessed
• You were advised to switch to another lender without being told of all the fees and penalty charges that actually made you worse off.
• The large commission paid to the broker by the lender for selling you an expensive mortgage was not explained to you at the time
• You were advised to take out a self-certification (self-cert) mortgage as you were not actually earning enough so you could borrow more money. (even though you were not self-employed)
• You were sold a “sub-prime mortgage” even though at the time you qualified for a “high-street” mortgage deal.
• You were sold an endowment mortgage and you were not warned of the risks involved and advised that it was a long-term investment vehicle.
• You are now in negative equity

Basing your case on mortgage misrepresentation is also a possibility. If you were purposely kept in the dark about anything negative concerning the mortgage, such as what would happen when the interest rates went up, the contract can be rescinded as you have a mis-sold mortgage If you think that you may have been mis-sold a mortgage because you received inadequate or incorrect advice or were allowed to borrow more money than you were able to repay, then you should seek advice on making a claim.

Complete the form to the right to see if you can make a claim for bad advice.

Are you facing Repossession proceedings as a consequence of being mis-sold?

In repossession cases, a claim must be made as quickly as possible.  In order to avoid the extra expense of lender litigation and solicitor charges.  Slater Hayward Law can start your claim today – if the response is not satisfactory, we have the option of taking the case to the Financial Ombudsman Service (FOS). If there are substantive grounds for a claim and we can show some evidence of this in court it is possible that we can get your repossession proceedings put on hold if an investigation is deemed necessary, however this takes some time. It is best to start the claim before reaching this stage, as any amount of compensation will not erase the pain of eviction that you and your family will endure if you lose your home.

Complete the form to the right to see if you can make a claim for bad advice.

FSA Rules The FSA’s rulebook for mortgage advisers, Mortgage and Home Finance: Conduct of Business section 4.7 statesthat any mortgage advice given must be “suitable for that customer”, and that advisers “must make and retain a record” of the suitability of that advice. If this rule is breached, you may seek compensation if you suffer loss as a result of that mis-sold mortgage, regardless of when your contract was drawn up. Our service provides an invaluable source of support and access to legal representation.

Revival are fully independent and have built our own network of qualified legal representatives throughout the UK. We can handle almost any case, across the length and breadth of the country, so no matter how complex your case is or how much your arrears are call the Revival Team today on 0800 567 7547 for an assessment of your case.