Northampton comes second in Midlands for highest PPI claims

Schemes to claim back PPI from banks began in 2011.
Schemes to claim back PPI from banks began in 2011.

Northampton residents have recouped over £1.8million in PPI payouts, a firm has claimed.

The town has also come second in the Midlands for clawing back mis-sold payment protection insurance from their banks, according to claims company First Target Recoveries.

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The figures come as the Financial Conduct Authority recently handed down a deadline of August 29, 2019, to file a claim.

A spokesperson for First Target said: "WIth £1.8million reimbursed, Northampton 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."