From: Richard Faulkner 
Newsgroups: uk.legal alt.uk.law uk.finance
Subject: Re: Is this a scam?
Date: Tue, 28 Mar 2006 03:13:30 +0100

In message , SteveR 
 writes
>This whole affair suggests to me that buy-to-let mortgages (Mortgage 
>Express's main business) are given subject to terms specifying that the 
>borrower must let the property rather than live in it, and that the 
>lenders check up on the borrowers.
>

It is often the case that a buy to let borrower may not live in the 
property. Having said that, I have never heard of a lender checking a 
situation, either in this way, or any other. In the same way, I have 
never heard of a lender checking work subject to an undertaking, (e.g. I 
promise to have a new damp proof course within 12 months of completion 
of the loan).

>Of course, I'm only making an assumption here, and I'd be interested in 
>hearing from anyone who has dealt with Mortgage Express, and who has 
>experience one way or the other about this type of checking-up.

I've just completed a mortgage with Mortgage Express, but I doubt 
whether I will ever find out, as I dont live there. If I do, I'll report 
back.

-- 
Richard Faulkner