mark hayward

Registered with Property118.com
Monday 31st March 2014


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Total Number of Property118 Comments: 1

mark hayward

12:28 PM, 31st March 2014, About 8 years ago

Mortgage Express instructed Valuations without my permission!

Hi Guys

I have felt the sting in the consolidation model/threat.I have personal/joint and corporate double digit MEX mortgages.Whilst I am generally happy to continue with the status quo and hold my ground in the ANNUAL REVIEW/INTERROGATION, there is one shared property,who's mortgage MEX inherited when they took over some of the GMAC book several years ago. MEX want me to agree to a new deed agreement for my personal properties and a separate one for the corporate entity in order to release this one.The new terms are too onerous at present. As I or my partners do not recall signing any new conditions on this existing GMAC mortgage,does anyone out there know if they can still enforce their usual consolidation clause that probably did not exist in the original GMAC terms, which unfortunately I cant find at the moment.Any comments gratefully received.Mark... Read More