Mortgage arrears charges?

[elzerbeth]

Hi

in January 2011 i took my mortgage company to court to stop an eviction the arreears we had at the time were £18259.06 in arrears the judge suspended the warrant with the understanding we paid £150 a month towards the arrears which we have been doing on wednesday i got a call from N-RAM asking for a break down of income as we had broke the arrangement i asked how we had done so as we pay every month and have never missed a payment since order was suspended i was told that in oct 2012 i was £100 short in my payment i was not aware of this and the only explanation i could give was i pay by dirrect bank transfer and my hand must have slipped and i put a 6 instead of a 7 they told me that was not good enough and the agreement was broke therefore i would need to pay £250 a month extra on top of my mortgage payment and that my arrears stood at £17994.20 how can this be if i have been paying £150 off the arrears for 23 months ???? it should be £14809.06 should it?? can anyone help on this? if the arrears are what they say why have i been paying the extra it works out at £11.51 a month not £150. they ate demanding i pay this extra £250 even though they know my budget wont allow me to although they state my break down i gave them is to high and i must make cut backs i have been in contact with a debt company who tell me i am in low middle with my spending so i just dont know where to go from here i have 6 weeks to find and start paying the extra each month or they are going to evict us PLEASE PLEASE HELP!!!

[Blossomandebony]

Hi

 

They will have been taking arrears charges every month, no doubt, and you can claim these back if you're prepared to put a court claim in. Most mortgage companies charge about £50 per month when you're in arrears - there is no justification in this. If you've been in arrears for a few years, they will have taken a big chunk of charges and lumped interest onto that, it could run to £1000s. You need to send them a SAR (Subject Access Request) and find out exactly what they OWE YOU - then you claim it back.

 

BAE