BM mortgage arrears but not told

[charliebright]

Hi Cagers

 

I have had a mortgage with BM for 18 months and my account has pretty much stayed up to date.

 

I have found another property to purchase on a buy to let but have initially been refused by the lender as they say my account went into arrears for 2 months 7 months ago.

 

In October, I explained that the company i was working for was having financial difficulties and could not pay me that month but would certainly pay me next month. I have known the directors of the company for many years so trusted them. I contacted BM and explained the situation, I was told that there would be no problem and I could make the payment the following month. The following month, the same thing happened and called BM, they said that as long as I pay next month it would be fine. The next month, the company pays me and I pay off my mortgage.

 

Having applied for this new buy to let mortgage the Lender has declined lending to me due to this 2 month arrears which was settled as promised the following month. The lender has said the only way they can give me a mortgage is if BM write a letter stating my account did not go into arrears, however BM say they cannot as my account DID go into arrears!

 

Is there anything I can do? Why did BM not tell me about the account going into arrears!

[Bona]

I sugest you as BM for a statement from Inception to todays date amke a note of the telephonr converdstion with |midshires get a letter fromyour employer to \back up your side of the story and submit to Mortgagees and see what happens

[charliebright]

thanks am going to do that lets hope and see it works fingers crosed!