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I am afraid not I am not aware of what they are I felt that they would reposess if I did not pay up by December 2013
It is just about what I suspected. Is there really no recourse for me in law to prevent an enforced sale at the end of the term of the agreement?
I was hoping that there might be some protection for the consumer in the event of a poorly constucted morgage contract. I was completly surprised at the short term (12 years) and it being tied to an endowment policy of £35,000. Quilst the "flexible mortgage" terms allowed me to borrow considerably more, I was even more surprized when I requested an extension they were not at all prepared to negotiate terms. To me it would be reasonable to expect Sandander to offer me something to avoid this conflict, particularly in the light of so many endowments under performing and had this been an interest only mortgage it would have been extended.
This is more like it, if you could bear with me just a little more are there any referances in law or guidance documents that I could use to help support my arguments against them.
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