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Originally Posted by gary_580
the reason i can see is risk. They would be aware if they reassed you that you were now a higher risk. My question is, do banks and builidng societies do this periodically?
Does anyone know the answer for fact as opposed to opinion?
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fact is risk assesment after the fact is too late and still even if it was done the mortgage lender has to have grounds to terminate a contract, and that means it *has* been breached not it might do. If a contract was terminatable based purely on a suposition a breech may occur then what is the point of the contract in the first place ?