andyfromotley
New Member
- Location
- Otley, west yorks
Mr Pig said:No. You are not 'misled' if you choose to ignore warning bells in order to accept the advice that tickles your ears. When we took out our second mortgage we were offered vastly more money than would have been prudent to borrow. At the end of the day 'you' are responsible for the decisions you make, no one else.
i posted on here recently that about 5 years ago we were remortgaging and increasing our loan by about 85K (iirc) We sweated on the figures for weeks and worked out with sound budgeting, no unforseen disasters etc we could just about afford it.
Imiagine our shock when the mortgage adviser plugged our figures in and said yes no problem, in fact he was able to authorise us up to £225K extra. Absolutely scandalous.
The culprit - Nationwde (alledgedly one of our nore conservative lenders!)