Hi guys,

Before we go any further im posting this because my husbands sister just had an out of court settlement due to professional negligence on behalf of the broker.

They went through www.mortgagecompensationscheme.org.uk but before i use them or solicitors i want to ask if it is quite common for brokers to act in their best interests and not necessarily the clients. Its just that i went from high street repayment to subprime interest only for debt consolidation on the advice of the broker. Is it possible i could have been dealt with wrongly?
Any advice would be recommended.

Amy. x

Must be quite common as we used a solicitor for what seemed quite a simple process only to have to pay 25% for all of 4 letters he sent to the mortgage broker. The mortgage broker informed his indemnity insurance and the rest is history. We recovered £8524 for financial loss caused by her advice.

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