tag:blogger.com,1999:blog-2907980016894811549.post879507983768746920..comments2024-03-28T13:35:40.706+00:00Comments on HPANWO Voice: Tom Crawford's House StolenBen Emlyn-Joneshttp://www.blogger.com/profile/13858990047274822000noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2907980016894811549.post-49541787774455957002015-07-06T17:25:56.537+01:002015-07-06T17:25:56.537+01:00Tom made this mess for himself, and ignored numero...Tom made this mess for himself, and ignored numerous chances to make a reasonable deal with the lender. Tom and Sue had an Endowment mortgage, but surrendered the endowment policy after a couple of years (which breached the terms they had agreed with the bank!). This effectively meant they changed their own mortgage to Interest Only, with no repayment vehicle.<br /><br />Subsequently the bank discussed this with them and asked them to change to a repayment basis, which was refused by the Crawford's and so not done by the bank.<br /><br />Everything the Crawfords have paid so far has been interest, with the original debt left outstanding, exactly as per their original agreement with the lender. Tom then stopped paying because the original 25 year mortgage term was up, and forced the lenders hand to this.<br /><br />If he had acted sensibly he could have remained in the house at a lower cost than renting somewhere similar, or probably walked away with ~£100k in equity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2907980016894811549.post-5668017914131102302015-07-04T12:26:35.382+01:002015-07-04T12:26:35.382+01:00It's an utter disgrace. One of the worst thing...It's an utter disgrace. One of the worst things I've ever witnessed.Ben Emlyn-Joneshttps://www.blogger.com/profile/13858990047274822000noreply@blogger.comtag:blogger.com,1999:blog-2907980016894811549.post-15274709382509866382015-07-04T05:10:33.296+01:002015-07-04T05:10:33.296+01:00Absolutely Gobsmacked!!!..
Why the hell, would th...Absolutely Gobsmacked!!!.. <br />Why the hell, would they do, such a heartless n' pointless thing??.. <br />Makes no sense at all?.. <br />Couldn't they have come up with an, agreed amount? For Tom & his family??..<br />Heartless, "Fecking" heartless!!!!.. <br /><br />My thoughts n' respects, are with Mr.Tom Crawford & his family..<br /><br />May you turn this decision around, n' get your home back!!..<br /><br />Yours Most Sincerely & Respectfully.. Mr.VinnyM voxAnonymoushttps://www.blogger.com/profile/17787862384002397411noreply@blogger.com