Well what do you know - more proof that the Halifax does not in fact subscribe to the 5 point plan as they have publicy stated in the Mail on Sunday. Maybe they only actually follow the plan on Sundays!(posted 8592 days ago)I should think though that we should really be more fair to the Halifax because in my case they excelled themselves on point 4). They actually went one better than other lenders and in fact kindly informed me well in advance of my "debt" by writing to me only 2 days after putting the property on the market, warning me that if I didn't arrange to pay the "ESTIMATED" #16,959.59 within 14 days, solicitors and debt collectors would be chasing me!!! I find it exceedingly efficient of them to be able to estimate this alleged debt in advance down to fifty nine pence accuracy - amazing accountancy! Odd is it not, that they "forget" how to be so precise in their later staements?
Regarding point 5) of the plan. I bet if you went out in the street tomorrow and asked passers by whether they knew what a MIG was and had they ever paid for one that they'd answer; "Why would I ever want to buy a Russian warplane?" I'm certainly still not aware if I ever had one but don't forget some lenders often changed it's name during the life of a mortgage.
The way bankers do their sums has been questioned. Well walk into a bank, what do you see? 8 windows but only 5 cashiers! Enough said!
Regards,