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MIG's

from Julie (jmj260101@aol.com)
Hello All,

Does anybody know if there has ever been a case where someone counterclaimed they were mis-sold a MIG. We bought one in 1990 and suprise suprise to date I can not get any information on it - the usual responses that we are not party to it. What I have got on the Offer of Advance is a statement reading 'The Society would only lend £XXXX subject to a guarantee for the difference being given by xxxxx xxxx insurance company.' To me that means the insurance company are guaranteeing the difference and no mention of the borrower then being liable. Also, does anybody know about a possible MIG loophole reported in one of the papers, I saw it mentioned on a law website but can't seem to find any more information. I don't know if it relevant or not.

Regards

(posted 7443 days ago)

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