Mortgage Affordability And Mis Sold Mortgages
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When taking out a mortgage it is not only the responsibility of the borrower to ensure that they have adequate finances to be able to meet agreed repayments. The lender or third party adviser is also obliged to ensure that this is the case. Those people that did not have their options thoroughly explored and their incoming and outgoings assessed may have been mis sold mortgages and they now be entitled to claim compensation.The amount of compensation due will depend on the circumstances of each case but it can easily amount to thousands of pounds.
05.15.11 | Finance Credit | Read more