But if the mortgage company have repossessed it, it is they that will be gifted the new house, not the defaulting occupier.
tim
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19 years ago
mortgage rip off
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19 years ago
In message , tim writes
It would be interesting to see if the council deal would allow a mortgagee in possession to benefit in such a way.
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19 years ago
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19 years ago
In message , Jledi writes
Dont take this the wrong way, and no insult intended, but everybody says that. Yet every lender in the country has had to repossess houses from people who say the same thing.
If people didnt default, the lender they wouldnt need a mortgage on your home, and they would lend you the money - unsecured. But they wont, will they?