Alliance & Leicester Mortgage Plevin PPI ClAIm

Plevin PPI Claim Process

Plevin PPI claims can now only be made through the court so there is still a way that thousands of people could get money back.

Through MoneyPlus Legal, you can make a PPI high commission claim through the courts against Alliance & Leicester under the Plevin ruling.  MoneyPlus Legal can assist you with a Free Plevin eligibility check and can also process your claim on a No Win, No Fee basis.

For more details about the MoneyPlus Legal Plevin check & claim process see below.

What is Plevin PPI?

Plevin refers to a Supreme Court case from November 2014 where Mrs Susan Plevin brought a case against Paragon Personal Finance Ltd regarding her PPI policy. The claim was centred around the commission charges on a PPI policy that Mrs Susan Plevin was sold to cover a secured loan from Paragon.

Mrs Plevin later discovered that in small print of the terms and conditions of the PPI policy that a whopping 71.8% of her premium was the amount of commission she was charged by the lender. She alleged that this was unfair and unclear and took Paragon to court and the case went up to the Supreme Court.

The Supreme Court agreed with Mrs Plevin and her lawyers, and determined that the sale of the PPI policy was unfair because of the following reasons:

1. The commission payment was not disclosed;
2. The high percentage of the PPI premium that was paid as commission.

This decision set precedent for a new category of PPI claims, and opened the floodgates against banks and other finance firms who had sold PPI to their customers.

How is Plevin different to mis-sold PPI?

Originally the PPI scandal was focused on the mis-selling of PPI and whether the policy was suitable or not at the point of sale. however a Plevin PPI claim's focus is on whether Alliance & Leicester took a high-level commission from your mortgage PPI premium(s) without telling you about it. If  the commission was hidden, or the commission was unfairly high, then this is deemed to be an unfair relationship between the lender and borrower and is eligible for compensation claim.

Plevin claims are based on a completely different area of law, namely the Consumer Credit Act 1974, so they are not subject to the FCA's PPI deadline, hence claims are still being processed today.

Claiming under the Plevin ruling

You could be eligible to make a claim if:

• Your PPI policy was open after 6 April 2007;
• You have not previously complained about Mis-sold PPI to Alliance & Leicester;
• Your PPI Claim was previously rejected by Alliance & Leicester;
• Alliance & Leicester only refunded you for the “Plevin only” part of your PPI (also known as a “tipping point offer”)
  The Plevin ruling means that if more than 50% of your PPI’s cost went to hidden commission to the lender, or the lender and the broker combined, and it was not sufficiently explained to you, you are due compensation.