Guidance on Checking validity of Northern Rock Mortgage

[ginty1965]

I have been following the Cento Client Review thread and have been advised to post a thread on the bank site in respect of Northern Rock. Cento seemed to believe (how I don't know) that I could have my Northern Rock mortgage cancelled because the agreement was unenforceable and I'd keep my home at the end of the process.

My question is how do I do this and can I use the same checks on mortgages I've previously had with other lenders? If I can - how far back can I go?

Any suggestions most welcome

[Curlyben]

Re: Guidance on Checking validity of Northern Rock Mortgage


Honestly, without actually professionally analysing the agreements there is NO way in telling if it's valid or not.

Cento are well known for telling alot of "untruths" so they can claim their fat fees, but delivering virtually nothing in return.

It's not as simple as they make out.
Any activity would DEFIANTLY include court action with the potential of losing, not only your home but a substantial amount of cash, in costs, to boot.

Did they bother to mention why they believe the agreement is unenforceable ?!?!

[Amy]

Re: Guidance on Checking validity of Northern Rock Mortgage

I agree completely and utterly with Curly. This would be nothing except an experiment in foolishness which could ultimately cost you your home.

You have borrowed the money by way of a mortgage and it must be repaid.

[scoobydoo]

Re: Guidance on Checking validity of Northern Rock Mortgage

IMO - and I emphasise this is purely my personal view - even if there were errors in agreements, deliberate or otherwise the lenders should be made to write off some interest charged or pay some compensation . Otherwise there is no point in having laws regulating lending.

But all borrowers should still repay any funds they have borrowed and had use of.

Therefore if you feel you have been subject to a mis-sold loan or an error in the agreement or there was an unfair relationship - then claim through the correct channels. You do not need a claims company to help you do that.