MORTGAGE SWINDLE

THE GREAT MORTGAGE SWINDLE

    Buying a home is for many the single most important and long term financial commitment over a life time and during the repayment period, we all know how difficult it can be to keep up our mortgage repayments. Over the years we have had many what seem on the surface to be lucrative deals when buying a home, however on further examination we find that they are always in favour of the banks and are a method to extort money. For the benefit of all the victims of The Great British Mortgage Swindle, here is a summary of the Section 1(3) Point & the unenforceable Power of Attorney clause in the unenforceable mortgage conditions. The date of mortgage execution is the date of signature, when the deed [the “it” in section 1(3) of the Law of Property (Miscellaneous Provisions) Act 1...

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