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Hello, welcome to the website. My name isXXXXX can assist you with this.
You can sue for negligent advice given by a professional, yes.
However, as this is a financial product, I would strongly encourage you to consider referring the matter to the financial ombudsman first if you're able to do that without it causing you any difficulties.
You can have a look at the omudsman website here: www.financial-ombudsman.org.uk/
l have already tried the financial ombudsman but their adjudicator says the financial adviser is not responsible even though he gave the advice.to take out the mortgage . l was adivsed to use a financial adviser by age/uk.
Okay, are they saying that his advice was okay?
they did not say his advice okay. they just said he was not responsible for my taking out the mortgage.They say that when l signed the papers l would have recieved advice from a solicitor which is true ,however l would not have got to the stage of taking out the mortgage if the adviser had not recommend it.
That makes sense to me. Okay, well if you're not getting any joy from the ombudsman, then I would suggest you contact a no-win no-fee solicitor to look at a professional negligence action for you.
There are many firms out there that specialise in this type of thing.
Thanks ,that is what l wanted to know