Go Back To Search Results Question ifs reclaiming PPI on mortgages and business loans possible and if so can they close on you after? basiclly doing the PPI reclaim on cards already and personal loan, but can you do it on morgages and business loans and can they close you down as a result ie once reclaimed they tell you to settle your finall balance? By sourdude22 Posted on 05/22/08 Total Answers 1 Answers- No - they have to stick to the Contract .. however they don't have to offer you any more 'special rate' deals (after your current one expires ..) .. A lot of people are finding that Banks & Building Societies are setting their 'variable rate' of interest at much higher levels that anticipated = in fact, some have even INCREASED their variable rates when the BOE rate falls - and some Mortgage customers (mainly Northern Rock I believe) coming to the end of a 'special rate' deal have actually been advised to move their Mortgage elsewhere (the other choice being to stick with NR and pay the 'variable rate') Answer by : Steve B On Date 2008-05-22 23:58:09   Go Back To Search Results