Rat and Mouse
Wed
14
Jun
Mortgage indemnity guarantees, a cautionary tale

It's the first installment in what promises to be a fascinating tale in the Telegraph and one which the Rat and Mouse will be following closely. It's a story of negative equity, a guarantee that doesn't guarantee anything, a £20,000 debt that reappears ten years after it's supposed to have been settled, and a non-reply that's officially interpreted as an acknowledgment of receipt.


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