kensington and london mortgage companies (Kensington Mortgage Company)

Name: sheila

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Product:	Kensington Mortgage Company
Date:	30/05/08 (139 review reads)
Rating:

Advantages: lend to anyone

Disadvantages: complete sharks

in four years my mortgage with kensington has increased from 400 to 830. they are unhelpful in every way, charge 50 arrears management fee which is added to the mortgage balance. our interest rate is 12%!! we have 1500 a month more going out than we have coming in and i think our only option will be to sell. also have second mortgage with london mortgage company. just as bad as kmc. no communication between depts. will be glad to just sell up and rent to get these companies off our back. we are borrowing every month to pay the mortgages and given my time over i would never have gone to either of these companies. please, please, if you're desperate to get out of your old mortgage just sell up and cut your losses rather than get into bed with these people. nothing but sleepless nights and stress after the first year.

Summary: dont use, EVER!!!