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Help Needed - Was I Mis Sold A Self Cert Mortgage??

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  • Rabiddog_2
    Rabiddog_2 Posts: 418 Forumite
    Yikes ! So you earn 30k and have to pay almost 25k in mortgage every year? I don't know.. maybe the alarm bells should have been ringing before now? Sounds like Sell and rent IS your only option. Sell for £340k.. so it goes quickly.
    tribuo veneratio ut alius quod they mos veneratio vos
  • Yikes...yep that about sums it up in a word!
    I agree, sell and rent seems to be my only option. My original query was not intended to upset IFA's it was merely to point out that I had no idea my rate would increase so dramatically. Your right, alarm bell's probably should have rung before as it was only this week i dug out the original offer to see my conditions.
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