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    • MichaelF1981
    • By MichaelF1981 20th Apr 17, 5:00 PM
    • 2Posts
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    MichaelF1981
    Arrangement to pay
    • #1
    • 20th Apr 17, 5:00 PM
    Arrangement to pay 20th Apr 17 at 5:00 PM
    Hi,


    Quite a few years ago I experienced a bit of a hard time financially, my mortgage was always paid on time but I feel in to arrears paying my management fee (I own an apartment). The management company charged the arrears to my mortgage which was not ideal but it happened. A few years later (2014), I received a demand from my mortgage company saying that they wanted the arrears from 2008/2009 paying, they said they required the amount in full which I wasn't in a position to do so they agreed for me to pay and extra £100 on top of my mortgage payment each month.


    I am now looking at changing my mortgage and to my horror when checking my credit file, I have an Ap on my file (ended 2 years ago). To my understanding, an AP is when you agree with the finance company to pay less than your normal rate as you are experiencing financial difficulties, is there something I can do to get the AP removed as I was actually paying above the required amount? Are the mortgage company within their right to reverse their decision on the initial decision to add my management fees to the mortgage?


    Is a 2 year old AP frown upon?
Page 1
    • zx81
    • By zx81 20th Apr 17, 6:04 PM
    • 11,166 Posts
    • 11,127 Thanks
    zx81
    • #2
    • 20th Apr 17, 6:04 PM
    • #2
    • 20th Apr 17, 6:04 PM
    You won't get it removed as you were still behind with your payments.

    However, the older the markers, the better your chances when it comes to remortgaging.
    • MichaelF1981
    • By MichaelF1981 20th Apr 17, 9:28 PM
    • 2 Posts
    • 0 Thanks
    MichaelF1981
    • #3
    • 20th Apr 17, 9:28 PM
    • #3
    • 20th Apr 17, 9:28 PM
    Thank you for your reply,
    Technically I wasn't behind with payments to my mortgage company and never have been, my account never showed in arrears at any point.
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