Mis-sold mortgage claims are hot on the heels of accident claims and payment protection insurance claims and will be much more damaging to the banks and building societies who sold them. The banks and insurance companies themselves may feel as though they are immune to any claims as many of them used independent financial advisers to sell these products but the signs are not good if you look at the latest information available. If you feel that you may have been sold a mortgage incorrectly it will be worth looking into as the financial benefits could be quite considerable. The Financial Services Authority or FSA issued a process known as the Mortgage Code of Business in 2004. This set out strict guidelines for the issue of mortgages and all banks Wholesale Jerseys China , building societies and financial institutions are governed by this code. However, it now looks as though many of them broke some or many of the rules and could be liable for claims from home owners who are being made aware of the problems with such mis-sold mortgages. There are several criteria to be met that could affect such claims as follows: ? Mortgages taken out past retirement age ? Self certification mortgage ? Interest only mortgage ? Re-mortgage to pay off debts ? Adverse credit not divulged on the mortgage application There are other more complicated reasons and it is worth checking with the FSA or your solicitor to understand whether your mortgage was sold in the correct way or not. Other questions you should ask yourself – are you now in negative equity because of taking out your current mortgage or perhaps you were advised to switch to a different lender by your financial advisor? Some of these claims could be quite an expensive process for the already beleaguered banks and financial institutions who are already reeling after the sub-prime fiasco of recent years. One of the main reasons such mis-sold mortgages are being investigated is that the mortgagee could have been left financially worse off than before the transaction. For example, if you already had credit card bills Wholesale Jerseys , outstanding hire purchase or loans which were paid off by the new mortgage then you will be paying many years more interest to satisfy these debts. If you had simply paid off the credit cards and loans from your income then you would be financially better off as the mortgage would only accrue interest for the value of the property you purchased.
If you feel you may have been mis-sold a mortgage then click here now to ask our panel of experts to give you free advice and see if you are due compensation. Visit missold mortgages now to find out more.
RAMALLAH, Aug. 14 (Xinhua) -- The Palestinians are encouraged by the new peace initiative launched by China to push forward the Israeli-Palestinian peace process, a senior Palestinian official told Xinhua in a recent interview.
Nabil Shaath Cheap Adidas NHL Jerseys , foreign affairs adviser to Palestinian President Mahmoud Abbas, praised China for having been "always an ally to the Palestinians by supporting their independence and self--determination."
During his meeting with Abbas in July, Chinese President Xi Jinping made a new four-point proposal to end the Israeli-Palestinian conflict Cheap NHL Jerseys , which affirms China's support for a two-state solution to the Palestine issue, and for the establishment of an independent, fully sovereign Palestinian state based on the 1967 borders with East Jerusalem as its capital.
"I think it is very encouraging for us that China will support a just peace process in the Middle East Cheap Jerseys From China ," Shaath said.
On the July visit to China by Abbas, Shaath said the result was "very positive."
Xi's proposal calls for restarting the Israeli-Palestinian peace talks stalled since 2014 as soon as possible and a halt to Israeli settlement expansion.
Notably, it advocates promoting peace between Israel and Palestinians through advancing economic development in the Palestinian territories.
Under the proposal Cheap Jerseys China , China offers to host a symposium on peace between Palestine and Israel later this year, and launch a tripartite China-Palestine-Israel dialogue mechanism on coordinating the implementation of major assistance programs in Palestine in line with China's Belt and Road Initiative.
China pledged to take concrete measures to support Palestine's economic development, such as encouraging Chinese companies to build industrial parks and solar power plants.
"China is really playing a new role Cheap Jerseys , but that role is not really difficult to understand, as it represents the increased importance of China's role in the global affairs with the growth of the Chinese economy into one of the top two in the world," said Shaath Wholesale Adidas NHL Jerseys , a former Palestinian chief negotiator and cabinet minister.
Shaath said that as the world is becoming multi-polar, the United States is no longer a monopoly in mediating the Israeli-Palestinian peace.
He also mentioned the initiative launched by France to break the stalemate in the Israeli-Palestinian peace talks, which included the hosting of an international conference in Paris in January that China also took part.
"After Abbas came back from China Wholesale Cheap NHL Jerseys , he was encouraged. His trip was really very successful and there was a discussion of China's entry into the political process leading us to peace through negotiations," said Shaath.
"The four--point proposal by China is totally acceptable to us," he said Wholesale Authentic NHL Jerseys , calling it the "Chinese Peace Initiative."
"Abbas was very much encouraged by China's support to his determination to establish an independent state and to stop the colonial settlement by Israel in the West Bank and Jerusalem," said Shaath.