How are your mortgage repayments ?
We have seen reports that repossessions are at a 7 years high. if banks and building societies are so clever and have such brilliant investment strategists, why do they always expect the housebuyers to take the brunt of their failings in predictions of interest rates ? why when the economists screw up is it always the poorest that get hit first ?
Answer
If a lender repossess a house it normally means they were negligent in the original lending. i know there are circumstances beyond e
ones control, but they should have a moral obligation and not
service their shareholders.
