Originally posted by Martin@AS Financial
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Mortgage Holidays
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Originally posted by DimPrawn View PostI can see the new question on future mortgage applications.
"Have you ever had a mortgage holiday (meaning you struggled to pay in the past)".
Mortgage application rejected.
Payment holidays should show on credit history, end of.
MComment
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Originally posted by mjcp View PostGood! If a wobble 5 yrs and 11 months ago is relevant to a lending decision now, so should the fact that someone had to use a holiday in the current time frame, when they need a loan in 5 yrs and 11 months time.
Payment holidays should show on credit history, end of.
M'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by DimPrawn View PostRich contractors don't have mortgages. They have a massive house, all paid off, and 2 years warchest in cash waiting for the next downturn.
Only permies are saddled with debt and misery.I am what I drink, and I'm a bitter manComment
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