In early May 1991, I had a meeting, as arranged, with a First National Building Society Senior Official at their local Branch Office. The following is my clear recollection of what transpired at that meeting.
I gave the Senior Official a letter from my employer stating that my annual income was £20,000; this letter also ratified the permanent status of my employment.
The First National Senior Official presented to me a one-page document that set out the details of a First National Mortgage Quotation prepared for some other couple (both non-smokers), stating that the details presented would be similar for my wife and I. This Quotation was for a Mortgage Loan Amount of £35,000 borrowed over 20 years at 11.85% p.a. and was similar to the Mortgage Quotation set out below.
