Erin Management Services Ltd - has anybody delt with these before?

squibbs25

Hi hope maybe someone can help,

I am posting this on behalf of my sister, she had a gentleman call at her home yesterday from Erin Management Services Ltd , telling her that she has the RTB, (which she alredy knew) and that they can arrange a mortgage for her. As they are new to the area they trusted this man and gave him all the details (personal, financal, ect as you do when applying for a mortgage).

After reading an earler thread- she thinks shes made a booboo

Has anyone heard of or delt with this company before?

She would be grateful for any comments you may have - good or bad.

Many thanks,

Squibbs

david29dpo

most companies like this pry on tenants to flog them an expensive mortgage because they think they are thick. what they fail to tell you is anyone, including rtb tenants can go anywhere, like the rest of us, to look to a mortgage. they are also on a big commission. why do you think HE came to YOU? have nothing to do with it and go through the normal, free, channels first.

AndrewSmith

Absolutely spot on David29dpo,

This company needs to be reported as cold calling for mortgage purposes such as this has now been banned under the new FSA regulations.

They will charge you huge broker fees and will try to bully you into taking their own usually overpriced insurance products.

These companies really annoy me, you see them advertising on daytime TV etc offering themselves as 'specialists' in the right to buy market. They have access usually to a very limited number of lenders, sometimes only one or two, and will convince you that you have some kind of adverse credit history to justify them recommending one of these uncompetetive lenders. Also when you say no they hound you constantly till you give in.

Contact your local Trading Standards office and give them all the details of the company and how you were approached. If you did not give them permission to call on you they have broken the law.

Any whole of market broker will have access to a far greater range of right to buy products usually from reputable mainstream lenders.

Hope this helps

Andy

squibbs25

Thanks for your comments, looks like she's going to report the company to Trading Standards.
Thanks again,
Squibbs