Property values and the economy
According to Rhoy the Bhoy <callasberrGANSPAM@tinet.ie>:
The bit about indemnity premiums being charged to the borrower only
for unusually risky loans. This was (probably still is) standard
practice in the UK, and whether or not it's enforcable under law,
it's certainly very common. Of course this might be a confusion of
terminology where, say, your "unusually risky" is my "quite common,
especially for first time buyers" of 90%+ mortgages. But I hate
finance, accounts, banks, paperwork and all that sort of stuff so I
don't want to subject myself to any more torture!!!
Chris.
--
http://www.chrishedley.com -- Nothing much of interest except my genealogy
stuff and some duff photos. Don't say you weren't warned.
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