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What should I look for in a property maintenance company?

Some of the things to consider when choosing a property maintenance company All kinds of buildings require maintenance. Whether residential or commercial, it is very important to take care of the property so that it is in shape for many years. Therefore, you need a professional service provider to always ensure quality. The company can perform routine cleanings, emergency repairs, etc. You must be careful when planning to avoid unnecessary damage. When making a choice, you need to make sure that you end up with the plan that suits you best. In many cases, you can enter a contract with the company in question. You must also choose between short and long-term contracts. In some cases, there are some benefits that can be associated with the long-term type of contracts and you may find that they are much easier on your pocket. A trustworthy company must eliminate your worry and do a satisfying job. Some of the things worth considering include: Experience It is important to check how long

How to Calculate the Refunded Amount of PPI – Reclamation of Your Money

PPI is the short form of Payment Protection Insurance. You can apply for PPI loans when you are running short of funds in your bank accounts and even the current assets are undervalued for your debt. The PPI is given along with the loan you take. However, you can reclaim your money any time, if you feel that the PPI claim was overvalued and you were sold without your knowledge. You can get back all the money you have paid for PPI.

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Many banks in the United States and the United Kingdom were found guilty of selling such policies, without even explaining their clients the actual details. They just highlight that they can pay of the loan and credit balance at the time of emergency. However, they do not mention the terms and conditions and the criteria for it. Some of the companies even made it compulsory even when the borrower did not need it. The policy was issued in favor of the public, but some investment bankers carried a good business by extending the loopholes. Not only you can claim the money you have given for the PPI, but also you can charge an additional interest. Think carefully, it is just like opening an account for the loan you have taken, so you are liable to get the interest.

What is the average payout of the Payment Protection Insurance?

The average PPI refund claims can be around (2,000 to 3,000) pounds. However, every claim is different for every individual. As per the government regulations after calculating the PPI and the actual loan valuation, you can reclaim about 15% to 30%.
The guide below is being calculated on an average of 20% and it may be helpful for you to calculate -

The PPI calculator –

(Left hand column = borrowed amount of money)
(Right hand column = reclaim of the PPI)
5,000 pounds = 1,000 pounds for PPI claim
6,000 pounds = 1,200 pounds
7,000 pounds = 1,400 pounds
8,000 pounds = 1,600 pounds
9,000 pounds = 1,800 pounds
10,000 pounds = 2,000 pounds
15,000 pounds = 1,500 pounds
20,000 pounds = 4,000 pounds
30,000 pounds = 6,000 pounds
40,000 pounds = 8,000 pounds
50,000 pounds = 10,000 pounds
75,000 pounds = 15,000 pounds
100,000 pounds = 20,000 pounds

(It should be noted that in one single loan of 100,000 pounds, you could recover almost 34,000 pounds)

You can get more than the amount mentioned above, for that, you may need a professional guidance from a lawyer, an auditor or an account professional, who can help you calculate the exact amount. You must be careful, as it also covers your original loan along with the PPI. Therefore, you will not only calculate the sum you are paying for PPI, but also the interest you pay for the loan. This is because when you are not calculating the interest given on the loan, you are undervaluing your asset and overvaluing their policy.


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