Mis-sold mortgage???

smartowner

:rolleyes:

ginvzt

You have a head on your shoulders and you agreed that you can afford the payments, so stop blaming everyone else and get on with your debt!

maninthestreet

You borrowed the money even though you knew you couldn't afford the repayments, but you willingly signed a form stating that you could afford the payments. You've made your bed, you have to lie on it. Go over to the Debt Free Wannabe board, and post your SOA. Others there will advise you on how to make the best of your bad situation.

_Andy_

I believe the OP should amend their profile so their location shows as 'Cuckoo Land'.

dunstonh

The guy that had just called me, on hearing my circumstances, said he thought I could go to the company my mortgage is with & get them to cancel it, as it was mis-sold to me...and is way outside what I should have on a mortgage!

There has been no mortgages cancelled as of date despite what the claims companies will tell you.

the 'advisor' that got my mortgage asked me to sign to say to say 'yes I could afford the payments'...as a self certified application (as my income would be no where near enough to cover the amount I needed!). this was because of recent divorce & need to extend amount borrowed!

So, you were complicit in the fraud.

FraudBuster

Be aware of The Fraud Act 2006.

Speech by Hector Sants, Chief Executive, FSA
Bloomberg
9 November 2009

And yes, that does mean people go to jail.

ginvzt

_Andy_ wrote: »

I believe the OP should amend their profile so their location shows as 'Cuckoo Land'.

Not only the location, but I don't think OP can call himself a 'smartowner'. Even if owns a Smart car...

_Andy_

An alternative location, given the fraudulent mortgage application, the interest only with no repayment vehicle etc, would be 'sh*t creek sans paddle'.

RobertoMoir

The advisor who told you to sign might be complicit and should have to take responsibility for that, but you essentially committed fraud when you signed a mortgage you couldn't afford. Pursuing that avenue won't end well for you - it certainly isn't a get out of mortgage free card.

opinions4u

Does the OP also say "Who's That Trip Trapping Over My Bridge" in The Three Billy Goats Gruff?

Troll or fraudster. Take your pick.

Conrad

Sell the house - you say the debt was never affordable, so there you go, sell up and solve your problem.Where will you live - well that's a different question. All I know is you say you think it was the wrong thing to do, so if you truly beleive that, then solve it by selling the home.