Leading Industry experts for Mortgage Securitisation Claims (MSCs).
Working in partnership with Legal Quest plc.
Do you have a current UK Mortgage? Start you application today to find out whether your lender has sold, transferred or assigned your mortgage under securitisation.
If Legal quest plc find that you have a case, you will be eligible to submit a Mortgage Securitisation Claim (MSC), and you may receive a substantial benefit if your MSC is successful which could allow you to be able to clear your existing Mortgage balance.
*Note: Cancellation Fees may apply once legal work has started on your case.
If you would like to learn more about Mortgage Securitisation please click here.
Voluntary Support Contribution &
Donation to the Legal Fund
When we adopted the use of a ‘Waiver Code’, back in September 2019 it immediately reduced the standard fee contribution of £260.00 per MSC application, made by all potential MSC applicants, to the ‘token’ £1.00 per mortgaged loan we are being asked to validate, even though our postage costs alone remain at almost £5.00.
Validation Process
The Validation Process is a free service, carried out to confirm whether your mortgage is eligible for a Mortgage Securitisation Claim. This process takes around 2-3 months to complete.
1. Get in touch
If you need more information, visit the Frequently Asked Questions page or complete the contact form. A member of our team will be in touch to answer your queries.
2. Apply Now
If your mortgage qualifies and you wish to go ahead, you can start your application today. The Validation Process is carried out by Legal Quest plc who are considered industry experts.
3. Provide Supporting Documents
Following sign up you will receive a Welcome Pack from Legal Quest plc. This will include a request for a copy of your Photo ID, Mortgage Statement and a signed Agent Authority Letter.
4. Data Subject Access Request
Legal Quest plc will submit a Data Subject Access Request to your lender, requesting specific information required to determine whether your mortgage was securitised.
5. Legal Review
Legal Quest plc will conduct a comprehensive review of the documentation received. They will look for specific evidence relating to the sale or transfer of your mortgage under the process of securitisation.
6. Legal Opinion
If your application is successful you will be assigned to a Panel Law Firm who will represent you. Your recommended panel law firm will be issued with a Legal Opinion, based on the report provided to us by Legal Quest plc.
Do you have a Mortgage?
Do you have a current loan secured by a mortgage on your property?
Atleast Three years remaining?
Does your loan have more than three years left before maturity?
Payments up to date?
Are your repayments on the mortgage up to date and not in arrears?
Mortgage Securitisation Claim
If the Validation Audit is successful, you will be invited to proceed with a Mortgage Securitisation Claim.
No Win No Fee
If your application is successful you will be asked to sign a 30% inc VAT - No Win, No Fee Agreement with your appointed Law Firm,
Read moreTimescales & Fees
Due to the nature of the claim we are unable to provide definitive timescales. You can read more about the Fees & expected Timescales here.
Read morePotential Win
Providing your claim is successful, we will look at recovering all payments you have made to your lender since the date of securitsation plus interest and any additional statutory amounts.
Read moreFees & Whats included
Below you can see the cost for the Validation Audit and Mortgage Securitisation Claims, along with the services we include:
Enter your Mortgage balance to see how much you could potentially save.
Please Note: No Benefit of any kind will be available until your case is won or settled. The calculations above only provide an example of the potential benefits to you, based solely on the deduction of the 30% inc VAT No Win – No Fee, if and when your case is won or settled.
Enter your monthly Repayment amount to see how much you could potentially save.
Please Note: No Benefit of any kind will be available until your case is won or settled. The calculations above only provide an example of the potential benefits to you, based solely on the deduction of the 30% inc VAT No Win – No Fee, if and when your case is won or settled.
Validation Process
The Validation Process allows Legal Quest plc to determine whether your mortgage was securitised by your lender.
Cost: £260.00 - FREE for Selected Lenders
Although the Validation Process is free, a payment of £1 is required to confirm your identity. The Validation Process includes:
- Dedicated Administrative Secure On-Line Support
- Preparation & Submission of a Data Subject Access Request
- All fees, registered mail postage costs, disbursements and VAT
- Full validation audit review of the documents received from the lender
- Request for further information regarding securitisation
- Issue of a legal opinion to the recommended panel law firm based on the findings
- A Quantum Validation Audit (QVA) to the law firm estimating of the submission value of the MSC
- Subsequent preparation and submission of an independent Part 35 Expert report
Mortgage Securitisation Claim
The Validation Audit allows Legal Quest plc to determine whether your mortgage was securitised by your lender.
Cost: 30% inc VAT - No Win No Fee Agreement
Should you qualify, you will be given the option for Mortgage Securitisation Claims Ltd. to appoint a law firm to represent you. Included in this is:
- Access to specialist Legal Team
- ATE (After the Event) and BTE (Before the Event) insurance
- Formal filing of Letter of Claim
- Formal filing of an AP1 application to HM Land Registry
- Arbitration/Mediation if required
- Legal representation at High Court level if required
- 6 Year cover available against any third-party claims against you
Voluntary Support Contribution & Donation to the Legal Fund
When we adopted the use of a ‘Waiver Code’, back in September 2019 it immediately reduced the standard fee contribution of £260.00 per MSC application, made by all potential MSC applicants, to the ‘token’ £1.00 per mortgaged loan we are being asked to validate, even though our postage costs alone remain at almost £5.00.
Due to the Covid 19 situation, we have been unable to progress with the filing of the initial validated Mortgage Securitisation Claims (MSC’s) and, as a result, we now have a provisional target date of 15 December 2021 for the initial filing of all the validated Primary MSC’s.
We have asked all new MSC applicants to consider whether they would wish to provide us with some additional financial ‘support’, by agreeing to a purely voluntary donation/contribution, towards our running costs and related legal advice expenses, during the run-up to the planned first filing date.
We have been advised, that even though some of our followers, do not have a mortgaged loan, or one which qualifies for a valid MSC to be filed, these individuals would still like to support our efforts and donate a contribution in the same way.
If you feel that you would like to donate/contribute something, then you can do so by clicking on one of the buttons below, for between £5 and £25, or any other amount you wish by entering the amount in the box below, which will assist us to potentially be able to file the Primary MSC’s, before the end of 2021.