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possible Missold mortgage..

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Comments

  • Should a lender give you money they think you may not be able to pay back??????
  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Should a lender give you money they think you may not be able to pay back??????

    It is their choice whether or not to lend. It is your choice whether or not to borrow.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    "Following an internal review ***** **** has become aware that we may not have fully established that the mortgage we reccomended to you was affordable, based on your personal circumstances and your income and outgoings at the time we gave you mortgage advice"
    "As a result we may have reccomended a mortgage that was not,in fact, affordable to you"

    and ..................

    The letter you received has an ending. Would be useful to know what was written.
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