Mortgage lending in the UK is very strict. Usually limiting peoples
potential to borrow to one sizeable loan secured on one property.
However there is a grey area in that customers sign a written
declaration saying they have no other mortgages. Or indeed loans
secured against there property. Please could someone point out, the
point of law, with cases that these mortgage lenders are upholding. Or
at least give some law sites, that are applicable. Some clarification
would be appreciated.
When juggling fiancees, its tempting to
utilise your status to the utmost.Therfore by having a intimate
insight to property law ,will allow me to find a better lender!