I have the following on my file? E-cv non credit grantor pending Anyone shed any light on what this means? Thanks

GOT THE SHORT SETTLEMENT!!!! yeah!!!!

Thanks redfish my local mp seems to be in agreement with me and has wrote to the MD of MX/BB. He clearly states thats this approach is not in the taxpayers intrest. I am also speaking to the press and it seems likely it will be in the Sunday Times/Telegraph this weekend. I suppose the MP wants me vote - But the wording in his letter does take my side. Thanks Guys - Keep you posted

I got the letter... I was delighted as I have been trying to sell my house as my income has dropped by 60% over the last 18mths. With this in mind I dropped the asking price of the property due to the offer by mortgage express. I got an offer on the house in early june and accepted it would clear the mortgage and pay the estate agent and solicitor and i would walk out with no money but the weight of the mortgage payments would be off my mind. I have next to nothing left to buy my children things after the mortgage is paid. Anyway due to the current climate it has taken the purchasers a while to get the funding in place which they have now... The sale is due to complete in 2 weeks. BUT: Mortgage Express wont extend the redemption offer for me. I have offered to get proof the sale was agreed in early June.. I have offered to prove my change in income.. They are not intrested... While I understand it was a limited offer it seems only the rich have been able to take advantage of it.. To add insult to it all they will waive it if i can get a mortgage with another company if i am borrowing and extra £2000 or if i buy another house and get a mortgage with a new company... The way i understand it is that the tax payer now owns mortgage express and the company no longer lends money. The aim is to settle the loan book and repay the taxpayers... If I just hand the keys back and leave the house they will no get the full loan paid off, in auction they would probably loose an extra 30k and then they would chase me for the balance... Then i would go bankrupt... would this be better for the taxpayer???? So why wont the help me, I can clear the loan it seems so stupid to me that they will waive if i get a mortgage for an extra £2k with a new lender... which i cant due to my drop in income... Its a disgrace