Response to Mortgage Code and repossession

Take a look at the MCCB Case Studies web page on: http://www.mortgagecode.org.uk/howwehelp/scenarios.asp? area=con&version=0

It doesn't specifically deal with what you are referring too, but it does show at least ONE case of compensation awarded by MCAS!! Here is a snippet:

"The Arbitrator calculated that due to poor advice regarding the re- mortgage and the ASU cover, the complainants had suffered financial losses of over £16,000, and the firm was ordered to pay that amount plus £1,000 (awarded for financial and emotional distress) to the Claimants."

Mark.

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