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Response to MIG

from Too scared to say (iwasduped@yahoo.com)
Rob: in 1989 MIG's were around and you most certainly paid for one if you had a 100% mortgage. The Nationwide would not issue a mortgage over 75% of the value of a property without one, either then or now. Follow the advice on this forum and get copies of the Mortgage agreement and the breakdown of the fees you paid when you took out the mortgage. You can get them from the Lender. Buried in the completion statement is the MIG payment. It was usually tacked onto the mortgage balance (thereby costing thousands in the long run). Eversheds should be ashamed of themselves for suggesting otherwise.
(posted 8546 days ago)

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