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Home Repossed - Looking looking at the misold mortgage


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My home was repossessed a couple of years ago now, due to health reasons i gave up the fight as i also ended losing my business and owing money left right and centre.


My mortgage was a self cert through a mortgage broker (mortgage express) for about 125k with BM which was around 2008.


I had a bad credit history and at the time was working in IT freelance no accounts, no hmrc, i was never actually asked how much i even earned.


i remember looking at my application and the mortgage broker put down that i earned 40k a year but i was never asked to prove this.


Now i have nothing, im in hiding no fixed address, mortgage company will be after a shortfall soon i reckon


After doing some reading after hearing about the wonga case where they have written off debts to people as they where not checked out before loans etc where taken out. i believe i wasn't fit or in a good financial state to take a mortgage out.


Do you guy think i have a case for a misold mortgage? or shall i just suffer things and go bankrupt before the bank starts chasing for shortfalls etc?


Should i start by asking for a SAR and then seek legal advice when i get it all?


I also took out a Loan with spml which since having the house repossessed they cant find me although i know they will catch up with me one way or another.


Also do i look at misold loans as these guys didnt even ask for proof of my income either.


What do you guys think?

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