Perhaps you'd better do some research and get your facts right Mr Noyd. I for one, had to tell my lender on a form when I handed my keys in where I would be living.(posted 8036 days ago)You state that you see "them all" remortgaging for holidays and cars - you'd better clarify exactly who "them all" are because that is certainly not true for many people, and is an unfair comment to make when you know nothing about people's mortgage problems.
It is accepted that there will be some people who want to avoid paying what they owe to the lender, but for the majority of people, they accept they have to pay a debt. They don't dispute that the owe some money to the lender. But what they do dispute is how much, and that in many many cases, the lender refuses to substantiate their claim as per the Civil Procedure Rules which is THE LAW. Many lenders think the law does not apply to them, and deliberately make people's lives a misery by not playing by the rules. The ordinary person doesn't have access to the all powerfull barristers and QCs to fight for them.
In my case, despite owing 28k on a 35k mortgage at the time of repossession, the amount my lender wants is 32k, and yet will not answer letters or any questions about the discrepancies in the amounts they're claiming, but have taken me to court and demanded that I hand over details of my income and outgoings and that of my husband (who I might add I never even knew at the time of the repossesion). And you think that I should stop moaning and just pay up??
You're ignorant of the facts Mr Noyd and a coward. Those with problems who have posted to this board, have admitted their troubles and have the courage to stand up and fight for justice in their cases. You haven't even got the guts to admit your real name and email address.