Mortgage arrears- Kensington. Nervous wreck.

[Tawnyowl]

Thankyou.

[Tawnyowl]

That's fine - I'll get to work on it when I get home, so it will be later this evening when I send it to you.

 

Kind Regards

 

Ell-enn

Thankyou so much could never have come up with such a letter.Have received it.

[Ell-enn]

No problem Tawnyowl:) - just get the forms into court asap and we'll do a statement nearer the time for you to take to the hearing.

 

Kind Regards

 

Ell-enn

[Tawnyowl]

Am just finishing forms.Taken longer to fill in than i thought.Have noticed 352.75 solicitors costs and administration charges.Plus 353.75 arrears fee.Plus 995.00 for costs fee.Counsellor called round on 12march without a appointment or a phone call to say she was calling.I was not in so my wife could not give information without me being there.She asked for our phone number and went.Have noticed counsellor cost of 58.75. This seems a bit of a racket.If they call round all the houses in the area without appointments they must turn over a nice amount.The normal price is over90 pound.Plus the arrears fee monthly 50.00-how can they justify that.Should i mention any of these points or leave them and possibly include them on statement for judge.Or leave well alone.

[Ell-enn]

To be honest I would get the repossession hearing over with first and then work on the charges etc.

 

Kind Regards

 

Ell-enn

[Tawnyowl]

Bit worried especially after reading repossesed by Northern Rock thread but thanks for help.Tawnyowl

[Tawnyowl]

I also have quite a few accounts in dispute with banks which if the court case goes in favour of the consumers will help to pay back quicker.Just a desperate thought .Tawnyowl

[Ell-enn]

Bit worried especially after reading repossesed by Northern Rock thread but thanks for help.Tawnyowl

 

Tawnyowl, every case is different and we don't know all the background to that one - only the outcome. I am confident you will be OK and get a suspended possession. Try to stay positive - I have been involved in helping people who were in a much worse position than you, provided you show the court that you can pay the arrears off in a reasonable time things will work out OK.

 

Kind Regards

 

Ell-enn

[sillygirl1]

Charging for a counsellor to visit is very much against the OFT rules, you should mention this on the forms....

 

A lot of the charges are outrageous, surely they must see that if you can't pay the full mortgage payment charging up to £125 per month in some cases only puts the debt further out of reach....

[Tawnyowl]

When filling in these forms do you have to put every loan and credit debt as most of them have been reduced to token payments.Have three ccjs but one have put down but cant find number to.

[sequenci]

It's important to include every debt and how much you are paying those creditors. You might be able to get information regarding the judgments from the courts.

[Tawnyowl]

Have just looked on court website and wonder if it better to respond and fill forms online.Would be a lot neater.Any advice welcome.Have now got most of info at hand.Any advice welcome.

[Ell-enn]

Hi there, yes - it is much easier to fill in the form online and then print it out, you can copy and paste the text I sent you for Q.27 into it.

 

Kind Regards

 

Ell-enn

[Tawnyowl]

Forms filled in and both sent online.Will make copies and keep.Thanks for advice on where to get copies of forms-they were needed.Good tip about making notes in pencil first,should have listened.Ah well off to gym now,takes pressure off .Thanks for help so far, Tawnyowl:D

[Ell-enn]

Just one point Tawnyowl - phone the court the week before the hearing just to check they have got your defence!

 

Kind Regards

 

Ell-enn

[sheraton01]

Tawnyowl

 

This is my first post on this site

 

Our mortgage is with Kensington and we have been through exactly the same as you. However we made an agreement with them on the phone after receiving the court papers. They then confirmed our agreement in writing and confirmed that they would now only seek a suspended order.

 

We then filled in the papers according to the agreement and my husband went on the day of the hearing. I am fantastic at dealing with things in writing but going to court when my house was on the line I just couldnt do it. Husband stepped up to the plate despite being absolutley terrified himself.

 

OH rang me when he came out of the meeting and said it was 1000 times better than he thought it would be. The judge was great - he went through everything with OH to ensure that we could afford what we were offering, Kensingtons representative was great and although unfortunatley we have been in arrears since we have still managed to stave them off. So please please do not worry your self over it, if my OH can do it then anyone can

 

One of Kensingtons reps on the phone told me that they only normally pursue court action if you are over £2500 in arrears and if you are less than a month then they arent particularly interested!

 

I am sure that everything will be absolutely fine.

[Tawnyowl]

We are going to offer them normal payment plus 60.00 begining May.We cant pay before due to wages coming in.If we pay anything before then it would leave us short when Mays payments come in.It should hopefully continue ok from then.Trouble is it is now 6 payments we owe approx 3400.Hopefully the judge willl understand the situation.Who knows.Please exscuse nervousness.I see most people get suspended repossession but feel there could be a exception due to arrears.Most people seem to have paid something but we will not be able to till Mays payment is due.Cant help but feel this looks bad.

[ananya]

Hi again tawnyowl.

 

As long as you can show you can make regular payments plus a reasonable amount towards the arrears, then I'm sure you will get it suspended.

 

We had £6600 arrears and had made no payment for 6 weeks prior to our hearing and the DJ was sympathetic and agreed a suspended repossession order, it was also the second time in 11 months we'd had to do it. The DJ also ordered the first payment to be when hubby got paid, as we had the paperwork with us to prove this.

 

I'm sure you will be fine and will be thinking of you.

[Tawnyowl]

Latest-

1 - Case put back to next week.

2 - Have managed to find about four months extra work-should be able to build on it.

3-So long as judge agrees to 60.00 extra per month.

4-Feeling the pressure-but thanks for help given.

[The GodMother]

keep going dont give in

 

U will beat these nasty ppl.

[Nightmare4banks]

tawnyowl,in reply to your posts:

 

Please answer the following questions:

 

 

1.How much did you borrow from Kensington initially?

 

2.How much you you currently owe Kensington?

 

3.What is the value of your house roughly?

 

4.How many years is your original mortgage term? i.e.20 years/25 years?

 

5.How many years are remaining on the mortgage term?

 

6.Are you repaying the mortgage on a Capital & Interest or Interest only basis?

 

7.What is your regular monthly instalment - do not include any arrears or arrangement amount?

 

The answers to the above questions should hopefully enable me to assist you further.

[Tawnyowl]

TOMMOROWS THE DAY.

Have limited internet access this is why i have not been on much this week.Just want to say thanks for advice and support.Will let you know outcome tom afternoon.Thanks Tawnyowl

[Ell-enn]

Hi Tawnyowl, good luck for tomorrow - make sure you give the judge your statement (take 3 copies with you).

 

Will be thinking about you.

 

Kind Regards

 

Ell-enn

[Bona]

good luck we wil l be thinking of you

[Goldlady]

Fingers, toes and everything crossed for you;)