From: john boyle
Newsgroups: uk.finance
Subject: Re: Mis-sold endowment Y/N?
Date: Tue, 14 Oct 2003 23:26:35 +0100
In message , Phil Deane
writes
>spoof email address wrote:
>I would say No. They advised a repayment mortgage. You couldn't afford it,
>they gave another solution, You agreed.
>
>From what you have written they offered the only way possible for you to buy
>the property. That does not necessarily constitute advice, just the only
>way you can do it.
>
>If you could prove that she could afford it, and they tricked you into the
>Endowment, then I would say yes.
>
Do you know of a lender who applied different income criteria to C&I
mortgages than to Interest Only + Endowment Mortgages?
--
john boyle
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