Doncaster's £2m mis-sold PPI could buy two rolls of 22-karat gold toilet paper

Doncaster's residents have successfully reclaimed £2m in mis-sold payment protection insurance (PPI) from their banks.
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First Target Recoveries found that customers in Doncaster received an average payout of £3,393 on their claim, £1,300 more than the national average claim of £2,000.

Over 500 people in Doncaster have claimed back a chunk of the £128m recovered by First Target Recoveries, a leading mis-sold PPI and SIPP claims specialist, which has dealt with over 69,000 claims since 2011.

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With 1.8 million reimbursed, First Target Recoveries customers could use their refunds to buy two rolls of 22-karat gold toilet paper with 150k left, pay to have lunch with the Apple CEO, Tim Cook, 18 times, or buy 698 bottles of the most expensive Moet & Chandon.

And, billions of pounds could be lost for those who are yet to make a claim.

The Financial Conduct Authority (FCA) recently handed down a deadline of August 29 2019 to file a claim, which will bring an end to the £26bn scandal.

Banks have anticipated a total payout of £36bn, suggesting £10bn has gone unclaimed.

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This could mean that those mis-sold PPI and still owed thousands will unknowingly allow their bank or building society to keep their money.

The top ten highest claiming areas in Yorkshire are: 1. Sheffield - £3.1m; 2. Hull - £1.9m; 3. Doncaster - £1.3m; 4. Leeds - £1.2m; 5. Bradford - £1.1m; 6. York - £963,954; 7. Wakefield - £885,815; 8. Huddersfield - £409,011; 9. Halifax - £241,253; 10. Harrogate - £207,460.