Mis-sold mortgage for Investment

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If you have been advised to raise money against your property to purchase a Secondary property or by putting your money into some form of lump sum investment you may have been mis-advised. 


Recommendations in this area are complex and the adviser had many considerations to make to deem this was best advice. Frequently this was not adhered to and in many cases leaving you with a worthless investment but still burdened with the mortgage repayments.


There are many IFAs & Brokers who supply an excellent service to their clients, unfortunately there are the minority who did not have the vested interest of their clients and advised them to re-mortgage their home to finance the purchase of the second / dream holiday home or some high risk investment purely for financial gain when more suitable options were available.Successful claims against IFAs and Brokers have been made for this advice.