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kitwe

how long does a suspended order for reprosession last

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In 2010, a warrant for repossession was suspended on my property under the condition that I pay of the arrears which I did earlier than expected.

 

 

last year I was having a problem with my business and fell behind with payment.

 

 

I informed my lender and we agree to that I should continue with paying the mortgage with a little extra on top.

 

 

All of a sudden my lender changed their mind and were asking for a huge sum that I can't afford

 

 

when I refused they have applied to the court to re-enforce the old warrant which is over 6 years old.

 

 

I am in arrears of £5000 and the property is worth £400k

 

 

I have 17 years left on an interest only mortgage.

 

 

can anyone please advice.

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doesn't end sadly

 

tell s the full story please

 

and name names

 

the warrant expires but not the repo order. [12yrs]

 

about time you got an sar running to them

get all the statements

and get reclaiming.

I bet you've £1000's in arrears fees and debt management fees

and any unnecessary insurances

all can be reclaimed at their interest rate


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