Bang on time at 10.30 this morning, Dorian, the rep from Cartel came around and we started talking about property. He seems to know quite a bit about what I am trying to get into and was keen to help me out if I needed it. A really nice guy too.

Turns out that my mortgage may be a goer in that it might not be an enforceable contract. Best case scenario is that my mortgage may be wiped out! Sounds exciting, but I am not keeping my hopes up, and to be honest, if that were to happen I have a feeling I might have a huge sense of guilt.. Because it doesn’t really seem fairplay, but then again, neither does paying back £2.10 for every £1 borrowed if I think about it. I have paid back around £500 a month for the last 4 years, on rough average, and have only paid off £5000 off the loan! Bear in mind, I’m spending £6000 a year on paying it back.. How does that add up?

We’ll see what happens anyway.

Dorian also had some ideas about other money saving methods and some sites that he runs which I will post later.

Tags: 10.30, cartel, dorian, enforceable contract, guilt, help, mortgage, nice guy, Property, unenforceable contract, wiped out

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Posted in Personal Finance by benny 1 Comment