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Commercial First

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  • Commercial First

    Hello, I am new to the site. Is there anyone who has had dealings / loan /mortgage with Commercial First? Mine was unregulated and 3 months after I had received the loan, THEY changed it to regulated. That was 5 plus years ago and of course, I am having problems with these lenders. The FOS say that as the loan was Unregulated at the time of application etc; I fall outside FOS rules/regulation!!
    LOADS to tell, but first would like to know if anyone out ther has had similar problems, need all the advice I can get.
    Would appreciate any help. This is a great site, and I hope maybe that some of my experience can help someone too.
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  • #2
    Re: Commercial First

    I am only today talking to some people who have a large Commercial First mortgage. They are being pursued to redeem, at a discount if need be. Are any other borrowers out there being pursued? It seems to me that they are tidying up the book for sale.

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