Interest only Mortgage claim

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Interest only Mortgage claim

Postby ironworkersgrandson on Fri May 11, 2018 10:31 am

Hi all,

anyone got any experience of the new Mortgage claim for interest only mortgages ?

had a letter from a solicitor saying i mght be eligible

https://www.negativeequityni.com/mortgage-mis-selling/
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ironworkersgrandson
 
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Re: Interest only Mortgage claim

Postby Hummer_I_mean_Hammer on Fri May 11, 2018 10:43 am

I now know why Philosophical Dan has changed to DasNutNock. He is definitely guilty of a hard sell with someone on here a while back with number 3.

Did you re-mortgage to clear debts?

If you were advised that the cheapest way to consolidate your debts (unsecured loans, credit cards or other finance) onto your mortgage, you may have been mis-sold. The adviser should have explained that while you may have more affordable outgoings, you would be repaying for longer and also paying a lot more in interest.
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Re: Interest only Mortgage claim

Postby ironworkersgrandson on Fri May 11, 2018 10:57 am

it was my first mortgage when i moved out :)
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