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    • Interesting question regarding what Government accounts opposition parties have access to, before an General Election. From what I understand, Government department accounts that are published are always lagging behind and would not include some amounts which are classified as 'commercially sensitive'.  Therefore opposition parties and Parliamentrary select committees would not have access to accounts which contain real time up to date information. If a new Government have found £20 billion of spending liabilities they did not know about, this could be true, as £20 billion is not that much when you look at total Government expenditure. Government department are making decisions on spending all of the time and it could be the previous Government were planning tax changes and/or spending cuts to balance the books.  Jeremy Hunt has recently said that if the Tories had stayed in Government and held an Autumn budget, it would have been very difficult to cut taxes as some had wanted.
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    • Trump instigated that didnt he @theoldrouge despite losing the election - and Biden mitigated as much as he could within his boundaries?   "President Donald Trump ordered a rapid withdrawal of all U.S. troops from Afghanistan and Somalia in the wake of his 2020 election loss"   “The order was for an immediate withdrawal, and it would have been catastrophic,” said Rep. Adam Kinzinger, R-Ill., one of two Republican members of the special panel. “And yet President Trump signed the order.”   Trump ordered rapid withdrawal from Afghanistan after election loss WWW.MILITARYTIMES.COM The memo was among the latest revelations from the congressional committee investigating the Jan. 6, 2021, attack on the Capitol building.   Although i agree that Biden should have done more to mitigate Trump driven disasters
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      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
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      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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Reposession advice - terrified


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Hi there

I fell into arrears with my second mortgage back in 2012 & the lender got a suspended possession order.

Since then I have made repayments on the account but not regularly due to my circumstances but I have always spoken to them so they are aware.

I have only made one payment in 2023 with various health issues & a reduced salary but haven’t spoken to them.


I called them today as they have sent me through a letter advising they are applying for a warrant of possession to talk to them about a repayment pla, n to be told that they are proceeding with litigation so to get a solicitor.

I really need some advice on next steps or who to speak to as don’t know what to do.

can anyone please help? 

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You need to tell us something about the values involved.

I'm afraid that failing on a scheme of regular payments and certainly not talking to the creditor is a very bad idea – but you probably realise this now.

Under the things that you can do to help yourself is to start making some payments quickly. If you can make a lump-sum payment and then an undertaking that you will resume the instalments – then that will help. You need to do this in writing that you need to make the payment – even if they say they won't accept, make it anyway.

More information please

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Welcome to the Forum

 

I have moved your topic to the correct sub forum Repossession Advice .

 

Andy

 

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Hi there,  firstly you need to work out what you can afford to pay towards the arrears in addition to the normal monthly payment - if the lender does apply for a warrant of possession then the only action you can take is to defend by applying to the court for a hearing to suspend possession and you would need to have offered a payment plan that you are able to maintain.

We also need to know the following:

How much are the arrears?

How long has the mortgage left to run?

Is your primary mortgage up to date?

I can help you with a letter to the lender once you have worked out what you can offer and have answered the above questions.

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My advice is based on my opinion and experience only. It is not to be taken as legal advice - if you are unsure you should seek professional help.

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Apologies for the lack of detail first time round. Bit of a panic post.

I owe £15,123 of a £45,000 loan that comes to an end on 28th Feb 2029.

I don’t actually know the amount of arrears. I asked for a statement today.

My repayment plan previously was £350 including around £33 towards the arrears which I offered today but they won’t negotiate. I’m not in a financial position to make a lump sum payment only monthly payments. 

My primary mortgage has 3 months arrears  on it. I only have 2 years remaining on it and it will be paid up to date. 
 

I realise I should have spoken to the lender once I couldn’t meet the payments but I stupidly buried my head in the sand. Won’t ever do that again. 

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Are you making payments towards the arrears on your primary mortgage?

Help us to keep on helping

Please consider making a donation, however small, if you have benefited from advice on the forums

 

 

This site is run solely on donations

 

My advice is based on my opinion and experience only. It is not to be taken as legal advice - if you are unsure you should seek professional help.

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Hi,   you should fill in the affixed budget sheet - it calculates as you complete it) - as you'll need to send it with your offer letter to the lender.  This will help your case if we have to defend in court as the judge will see you've made an effort to  come to an arrangement with the lender.

Let me know when you have completed it.

Are these mortgages in joint names or just yours ?

I have to go out this evening but will check back with you tomorrow.

Budget Sheet - Blank.xlsx

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Help us to keep on helping

Please consider making a donation, however small, if you have benefited from advice on the forums

 

 

This site is run solely on donations

 

My advice is based on my opinion and experience only. It is not to be taken as legal advice - if you are unsure you should seek professional help.

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Hi,  looking at your budget sheet how much can you afford to pay towards the arrears on the second mortgage in addition to the normal monthly payment?

Have you received confirmation of how much the arrears are?

Help us to keep on helping

Please consider making a donation, however small, if you have benefited from advice on the forums

 

 

This site is run solely on donations

 

My advice is based on my opinion and experience only. It is not to be taken as legal advice - if you are unsure you should seek professional help.

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Hi

At present it would only be £50 a month on top of the set monthly payment.

I still haven’t received the info I asked for from them regarding the arrears. I will look through my paperwork over the weekend to see if I can see the amount.

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  • 2 weeks later...

Morning

Is it worth making a DSAR to get the information I need regarding the arrears?

I'm getting nowhere with them by phone. They keep fobbing me off saying the full amount is the arrears & none of the recent correspondence gives me an amount.

Thanks

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  • 2 months later...

Hi, just wanted some advice on this topic. Since my last post I have been making payments to this account & agreed to make a lump sum payment. They agreed to hold the account until next week.

The post arrived today & I have received court papers for a January hearing from them. No mention of this at all in all the previous correspondence. Is this normal? What should I be doing?

I would appreciate some help & guidance as to my next steps.

Thanks

 

Edited by Frenchielover
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