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billywhizzm

NRAM Formal demand letter

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Hi All,

 

I have a BTL property. I was in arrears of months. Today I have recd a letter for formal demand to pay full mortgage in 1 week.

 

I have cleared the arrrears as of this morning.

 

I am bit surprise no notice or anything during this 4 months except letter of arrears.

 

I was wondering what are my options?

 

Any help would be much appreciated.

 

Thanks

Bill

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We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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Thanks Andy

 

Just reminder letters on arrears. the relation ship manager says he cant do anything inspiteof clearing arrears.

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Does it apply to Buy to let mortgages?

 

The link says

4.3 The protocol does not apply to Buy to Let mortgages

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Ah apologies I missed that......anyway you have cleared the arrears.....


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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