Banks and lenders have been selling mortgage payment protection insurance (MPPI) to their customers over the last couple of decades, netting the banks huge sums in profit.
MPPI, in many cases was being forced upon customers who did not need it, or it was added to the mortgage without the customers consent or knowledge.
The purpose of MPPI was to help safeguard your mortgage repayments if you became unemployed or were out of work due to an accident or sickness.
However, MPPI was mis-sold on a large scale as the correct checks had not been carried out.
Get a Free PPI Check to see if you had PPI which you then may be able to reclaim if it was mis sold.