Interest Only Mortgage

muhandis

Some people are far too impolite, rude and personal when replying to appeals for help/guidance. Especially when they take a holier-than-thou attitude, judging past events with the benefit of 20-20 hindsight.

Obviously I'm not talking about you, my comment was just a general observation based on a few different unhelpful and rudely written replies to the OP.

OTOH, there are quite a few mortgage advisors on these forums who get the balance spot on. Their responses are direct, to the point, based on the current situation and delivered in a professional manner befitting a financial advisor.

dunstonh wrote: »

Telling the person what they want to hear just to wrap them up in cotton wool does not help. It is better that they are made aware of the issues and reasons rather than continue on false assumptions and living a lie. Once they know the issues and understand them, then the advice can be tailored. Some people are far too sensitive when reading posts on a discussion board. Especially when they try to read things into the message that are not there. Information, even when you dont like it is still information. It is not a personal attack but just a dose of reality.

silvercar

muhandis wrote: »

I don't have a solution to offer but just felt compelled to comment on the nature of replies to your thread asking for advice on how to extricate yourself and your family from a difficult situation. How hard is it for people to either give helpful advice in a polite/professional manner or just not say anything. Isn't that what most people were taught growing up? They could learn a lot from Martin.

Newbies that come upon these kind of replies on threads will be reluctant to ask for advice, fearing being judged, mocked or labelled for choices made in the past that can't be changed.

...

I do agree with this. On another forum, new posters are welcomed to the board and encouraged to stick around. Board moderators also pop into threads occasionally reminding people to behave nicely.

This is not about changing the message, but delivering it in a polite non-judgmental manner.

zagubov

There are forum rules about being nice to the newbies. In fact, being nice in general is rule 4 in the Forum Rules.
http://www.moneysavingexpert.com/site/forum-faqs

Some individuals may have disorders or conditions which make this difficult. We may have to make allowances for this, but we soon start to recognise when this happens

Pixie5740

If the OP got a mortgage via a broker wouldn't any complaint regarding the mortgage be with the broker rather than the lender since the broker was the one giving advice?

dunstonh

Pixie5740 wrote: »

If the OP got a mortgage via a broker wouldn't any complaint regarding the mortgage be with the broker rather than the lender since the broker was the one giving advice?

Correct. However, the OP put his complaint to the broker and they rejected it.

Pixie5740

dunstonh wrote: »

Correct. However, the OP put his complaint to the broker and they rejected it.

Ah yes, the OP says that doesn't it.

silvercar

Was reading the paper this weekend and saw and article that reminded me of this thread.
It seems the Family Building Society have a mortgage that provides a mortgage and income for a few years for those not yet ready to down size.

https://familybuildingsociety.co.uk/Mortgages/retirement-lifestyle-booster/retirement-lifestyle-booster-home.aspx