Right. To start with this has nothing to do with me and I have no idea what is involved with a Mortgage/Endowment Compensation claim. Someone has asked me to put their query to the online guru's that dwell on here. To be fair , they know less about the subject than I do and that's not much...
Anyway, apparently there is some compensation to be had on their mortgage/endowment and some crowd keep calling them back asking them to fill in some forms so they can start the process moving. Apparently the jist of it is that if the claim is successful the company dealing with the claim take 42% and the mortgage holders take the remaining 58%. If the claim is unsuccessful then there is no fee. They initially thought why not go ahead with it as 58% of something is better than 100% of nothing? Is this the right approach to take and has anyone any past experience with this type of mortgage claim? Or is there any kind of funny business which can go on with this type of compensation?
Either reply here or PM me if anyone has any useful input to the situation.
Cheers.
Anyway, apparently there is some compensation to be had on their mortgage/endowment and some crowd keep calling them back asking them to fill in some forms so they can start the process moving. Apparently the jist of it is that if the claim is successful the company dealing with the claim take 42% and the mortgage holders take the remaining 58%. If the claim is unsuccessful then there is no fee. They initially thought why not go ahead with it as 58% of something is better than 100% of nothing? Is this the right approach to take and has anyone any past experience with this type of mortgage claim? Or is there any kind of funny business which can go on with this type of compensation?
Either reply here or PM me if anyone has any useful input to the situation.
Cheers.