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RBS demand entire mortgage repayment of 226k in 30 days !!.
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Broken_hearted wrote: »As long as they are up to date with payments, I fail to see how its in anyones interest to repo the house.
Probably not, but the bank can't condone fraudulent applications. (If that is what it was, and please don't sue.)No reliance should be placed on the above! Absolutely none, do you hear?0 -
tbh one of the more shocking aspects is a £226k mortgage for a pharmacist, or anyone really.
Not really. I know people with higher mortgages but then I live in London and work in the South East.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
To be honest, if Banks looked at a lot of mortgages over the past 5 years they would find a lot of anomolies. Similarly, the Banks have been pretty irresponsible buying up junk debt and over-reaching themselves, so they are hardly whiter than white. And lets not forget that, in some cases, fraudulent mortgage applications are no bar to a top job with the EU or the House of Lords.
What I object to with these cases is the Banks expect the taxpayer to support their stupidity and greed, but they don't seem willing to extend the same support to their customers.0
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