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Financial Claims & Mis Selling

At Aequitas Legal, we exist to right a wrong, putting those aggrieved at the heart of our actions.

This ethos is at the heart of all the work we do, including our financial service claims in the area of undisclosed commission.

The Questions you need to ask yourself

  • Do you have a second charge on your home as a result of financial hardship during 1990 to 2010?

  • What this lending secured via a broker? If yes, where you give options of which lenders would give you the best deals

  • Are there any unexplained charges attached to the loan?

  • If you were aware that the broker was getting a commission payment, were you told how much?

  • Are you still paying this loan off now?

What is financial mis-selling?

Financial mis-selling is a term used when a borrower has been sold a financial product or service which was not suitable for their needs. However, it can cover a variety of ways where a financial product or service may be deemed unsuitable. For example, at the time of purchase the borrower was not informed of all the relevant terms and condition around the financial product or service, preventing the borrower from making an informed choice to whether this was the financial product right for them.

What is undisclosed commissions?

The role of a broker is to act in the best interest of the borrowers and not themselves. However, lenders would incentivise brokers to put business their way in exchange for receiving commission. Furthermore, the lenders and brokers would fail to disclose this commission to the borrowers. Failure to disclosure the inclusion and/or the value of the commission paid by a lender to a broker, may entitle the borrower to compensation.   

What can Aequitas Legal do for me?

Our experienced team are well placed to advise you whether you have such a claim and, if so, what to do, in a supportive and informative manner. Furthermore, undisclosed commission claim can also give rise to other types of financial services claims, which we are equipped to advice you on.

How much will I pay?

Our specialist team can represent you on a No Win, No Fee basis.

What will I be compensated?

The aim of the compensation is to put the borrower in the position as if the application of undisclosed commission had not been applied.

What to do next?

Please contact our team on 0161 358 0800 to discuss your potentially mis-selling claim.

Our Team

Emma Walmsley is our Head of Commercial Litigation, having previously worked for Riverview Law and trained at DWF LLP.  Emma has a wealth of experience in finance and commercial litigation matters. 

Our department aim is to provide outcome driven legal support, whilst proving a supportive and positive client experience.


In 2007, after falling into financial difficulty, Mr and Mrs Jones, using a broker borrowed monies from the bank, which was secured a which was secured as a second charge to their home. On review of the paperwork some years later, it was clear there were commission payments made payable to the broker were added to the total loan amount.  However, this was never made clear to Mr & Mr Jones at the time the loan was entered into. As a result, the Joneses were awarded the refund of all commissions payment, plus the interest which had paid to date against these charges.

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Aequitas Legal Solicitors Limited is a limited company registered in England and Wales under registered number 08884940. Authorised and Regulated by the Solicitors Regulation Authority, SRA Number 612457 and subject to the Solicitors Code of Conduct. VAT Number 972 6931 81

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