Void Mortgage

Posted on 22 September 2017 by Lee

Hi. If my mortgage was mis-sold can it be deemed void and cancelled. I'm currently in court process where the broker,surveyor and solicitor broke 5 financial laws between them. The broker was fined for illegal practices and is no longer trading.

Hi Lee,

Thank you for your enquiry. Unfortunately, a mortgage cannot be deemed void or cancelled even if it is mis-sold.

However, it seems that the problem is more serious than just a mis-sold mortgage as you state that you are going through the Courts at the moment, and that laws have been broken, and therefore you may wish to wait for their decision before taking any further action.

If you have suffered any damages you may be eligible to claim compensation from the Financial Services Compensation Scheme. With regards to any financial loss following the advice from your broker, typically they will look at the mortgage you should have been sold, and then put you in the same financial position you would have been in, had you taken the right mortgage originally.

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.


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