The TMB, Challenor Investments and a Mis-sold Mortgage

silvercar

Cashpig74 wrote: »

ok then "HelpWhereICan" - you make sweeping statements - please pin point the exact fraudulent act on my part? Yo9u like to disect each and every word - (only a forum freak takes the time and bother) so tell me which document, what I said and how I did it.....

thanks..

You signed a mortgage application quoting a price being paid of £180k?

Did you declare the gifted deposit to the lender?

Cashpig74

thats great, thanks for that. very useful.
excellent. and you are a mortgage "advisor". ??

lol

Dan_1976

Yeah and 99% of mortgage brokers/advisers would have said stay away! But hey you knew best!

silvercar

Question (that you don't have to answer), do you have another property, with equity in it? If you do you may find that the lender on this "investment" property may try to get a charging order securing some of the loan against your other home.

Cashpig74

Dan_1976 wrote: »

Yeah and 99% of mortgage brokers/advisers would have said stay away! But hey you knew best!

thanks for the sarcy response - but no, i didn't know best - if i did i would not have bought it. i trusted the broker i had, the one that i was dictated to use - and he acted against me because he was in on the deal.

Dan_1976

Very good point Silvercar. This is a tactic being used by credit card companies and the like for bad debt.

Some are applying very early for it. If the mortgage was obtained via freud the lender can use a condition in the mortgage to call the debt in!

Scary stuff Cashpig!

Cashpig74

i am done with all of you., thanks for everything but i think i'll carry on as i am with my own thing.

mortgage advisor person, you're a real star - thanks for clearing up a complex case in a matter of seconds - what a wizz...

Dan_1976

WHos the fool trying to sort a complex case on an internet forum? LOL you sad git!

Also are you meant to be talking in this much detail about an open investigation?

Cashpig74

silvercar wrote: »

Question (that you don't have to answer), do you have another property, with equity in it? If you do you may find that the lender on this "investment" property may try to get a charging order securing some of the loan against your other home.

they would not be in a position to do that unless i gave them one - like defaulting on the payments. they cannot just use other properties to get out of irrisponsiloble lending.

they were happy to lend the money at the time based on the security of the property concerned.

if prices hit hard times, they cant steal your other home just like that.

silvercar

cashpig, you clearly think you know what you are doing, just make sure that "giving evidence" doesn't turn into "confessing to a crime". Remember that the police are judged on results as much as anyone else. If this whole case goes pear shaped the only evidence will be statements you have made and "anything you do say may be given in evidence".