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Response to How long does a lender have to claim on a MIG?

from Eleanor Scott (eleanor.scott@btinternet.com)
Which could effectively mean that lenders who have claimed on a MIG have only 6 years to chase for the *full* amount of the claim?

Suddenly I'm not surprised lenders don't like telling ex borrowers whether or not they've claimed on a MIG or not.

All the more reason why we should all serve SARNs on lenders and their agents. For example, did you know that where the code "Category 40.1" shows up in material SARNed from Abbey/Eversheds it means "Mortgage Indemnity Policy"? Interesting, no?

(posted 8410 days ago)

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